Question: Use simple exponential smoothing with = 0.6 to forecast the tire sales for September through December. Assume that the forecast for August was for 46
Use simple exponential smoothing with = 0.6 to forecast the tire sales for September through December. Assume that the forecast for August was for 46 sets of tires. Do your forecasts seem to be biased? Why or why not?
| Month | Sales |
| August | 53 |
| September | 35 |
| October | 48 |
| November | 40 |
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