Question: Use the Lottery data set below, o = 0.3, and / = 0.2 to calculate the adjusted exponential smoothing forecast for the number of lottery


Use the Lottery data set below, o = 0.3, and / = 0.2 to calculate the adjusted exponential smoothing forecast for the number of lottery tickets that will be sold in January 2021. Assume the forecast component for July to be the actual value of July minus the initial trend, Let the initial trend be 70 tickets. Round your answer to two decimal places, if necessary. 2020 Month Number of Tickets July 1033 August 1192 September 1907 October 1901 November 1869 December 1084 Copy Data
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