Use a single exponential smoothing (SES) model with α = .8 to forecast for January 2008 for the following data.Assuming that the forecast for December 2007 was 1.18 %, this value is ________________________ .
A) 1.50
B) 1.18
C) 1.75
D) 1.90
E) 2.20
Correct Answer:
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