I'm trying to forecast how many TVs my shop will sell in 2021. I have data for the previous 3 years: 2018:35 2019. 52 2020:36 What is the forecast for 2021 using the exponential smoothing method, given that I seed the exponential smoothing method with the naive forecast method to get the 2019 forecast (35), and alpha=0.8? Round to the nearest whole umber. For example, if your answer is 203.33, enter 203 into the box.

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I'm trying to forecast how many TVs my shop will sell in 2021. I have data for the previous 3 years:
2018: 35
2019:52
2020:36.
What is the forecast for 2021 using the exponential smoothing method, given that I seed the exponential smoothing
method with the naive forecast method to get the 2019 forecast (35), and alpha=0.87 Round to the nearest whole
number. For example, if your answer is 203.33, enter 203 into the box.
Transcribed Image Text:Question 4 I'm trying to forecast how many TVs my shop will sell in 2021. I have data for the previous 3 years: 2018: 35 2019:52 2020:36. What is the forecast for 2021 using the exponential smoothing method, given that I seed the exponential smoothing method with the naive forecast method to get the 2019 forecast (35), and alpha=0.87 Round to the nearest whole number. For example, if your answer is 203.33, enter 203 into the box.
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