Consider the following data. Using simple exponential smoothing with α = 0.2,determine the forecast error for time period 1.

Name: Consider the following data. Using simple exponential smoothing with α = 0.2,determine the forecast error for time period 1.
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Consider the following data.  Using simple exponential smoothing with α = 0.2,determine the forecast error for time period 1.

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The Answer of Consider the following data.  Using simple exponential smoothing with α = 0.2,determine the forecast error for time period 1.

Consider the Following Data