Question: Using the data below, what is the simple exponential smoothing forecast for the 3rd week where =0.3? Round to 1 decimal places. Week Time Series

Using the data below, what is the simple exponential smoothing forecast for the 3rd week where =0.3? Round to 1 decimal places.

Week Time Series Value

1 6.00

2 8.00

3 7.00

4 3.00

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