Question: Using the data below, what is the simple exponential smoothing forecast for the 3rd week where =0.3? Week Time Series Value 1 8.00 2 2.00

Using the data below, what is the simple exponential smoothing forecast for the 3rd week where =0.3?

Week

Time Series Value

1

8.00

2

2.00

3

2.00

4

4.00

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