Question: Using exponential smoothing and the time series provided below, find the forecast for time period 6. Use 0.2 as the smoothing constant (to 3 dec.

Using exponential smoothing and the time series provided below, find the forecast for time period 6. Use 0.2 as the smoothing constant (to 3 dec. pl).

t	Y(t)
1	60
2	65
3	80
4	77
5	81
6	91
7	85

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