Question: Use simple exponential smoothing to forecast these data, using no holdout period and requesting 1 2 months of future forecasts. Use the default smoothing constant

Use simple exponential smoothing to forecast these data, using no holdout period and requesting 12 months of future forecasts. Use the default smoothing constant of 0.1.
Repeat part b, optimizing the smoothing constant. Does it make much of an improvement?
Write a short report to summarize your results.

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