Below you are given actual values of a time series and the

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Reference no: EM13635242

Below you are given actual values of a time series and the first two values of the exponential smoothing forecast. If the smoothing constant equals 0.30 determine the exponential smoothing forecast for t₃.

Time Period (t)	Time Series Value (Y_t)	Exponential Smoothing Forecast (F_t)
1	18	18
2	22	18
3	23

Reference no: EM13635242

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