Answer to Question #110249 in Statistics and Probability for Diksha

Question

For the following series of observations, calculate the trend values by the exponential
smoothing method with a 10,000 0
= and weight = 0.3:
6
Year Annual Sales
(Rs. ‘000)
2008 2
2009 6
2010 1
2011 5
2012 3
2013 7
2014 2
2015 6
2016 4
Interpret the result.

Answer 1

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