Using exponential smoothing with w=0.8, provide the forecasted values for weeks 3.NOTE: Provide a numerical answer rounded to hundredths.W = 0.8Week123456Sales190189191191190150Forecast190190190.64190.93190.19e-1.00

Single Exponential Smoothing Ft=wSt-1+1-wFt-1Here,F forecast valuesS are sales Given that w=0.8…

Answered: Using exponential smoothing with w=0.8,…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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Using exponential smoothing with w=0.8, provide the forecasted values for weeks NOTE: Provide a numerical answer rounded to hundredths.