Using the table above, calculate two forecasts using the following method:

$-$

i

$.$

$$First$,$ for periods

$4$

$$through

$1$

$0$

$,$

$$develop the exponentially smoothed forecasts

using a forecast for period

$3$

$($

$$

$3$

$)$

$$of

$4$

$5$

$.$

$0$

$$and alpha of

$0$

$.$

$4$

$.$

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