Question: What is the next period forecast using the simple exponential model (F(t+1) = F(t) + a * (A(t) - F(t)) with A(t) = 50, F(t)

What is the next period forecast using the simple exponential model (F(t+1) = F(t) + a * (A(t) - F(t)) with A(t) = 50, F(t) = 40, and a = 0.2

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