A time series is shown below. Perform single exponential smoothing for this data set using α = 0.2. What is the value of the forecast for period 6?
A) 31.5
B) 33.2
C) 36
D) 40
E) 30.4

Question

A time series is shown below. Perform single exponential smoothing for this data set using α = 0.2. What is the value of the forecast for period 6? 
A) 31.5 
B) 33.2 
C) 36 
D) 40 
E) 30.4

Quizplus · Accepted Answer

The Answer of A time series is shown below. Perform single exponential smoothing for this data set using α = 0.2. What is the value of the forecast for period 6? 
A) 31.5 
B) 33.2 
C) 36 
D) 40 
E) 30.4

A Time Series Is Shown Below