Question: Use the gas prices data below and = 0 . 3 = 0 . 3 and = 0 . 4 = 0 . 4 .

Use the gas prices data below and=0.3=0.3 and =0.4=0.4. Assume the first period forecasted gas price as the original gas price and let the initial trend be $0.07$0.07. Month-YearGas PriceApr-09$2.102$2.102May-09$2.316$2.316Jun-09$2.681$2.681Jul-09$2.582$2.582Aug-09$2.67$2.67Sep-09$2.609$2.609Oct-09$2.605$2.605 Copy Data Step1of2: Calculate the simple exponential smoothing forecast for November2009.Round any intermediate calculations to no less than six decimal places and round your answer to two decimal places. on excel

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