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Question: With the gasoline time series data from the given table, show the exponential smoothing forecasts...With the gasoline time series data from the given table, show the exponential smoothing forecasts using = 0.1.
Applying the MSE measure of forecast accuracy, would you prefer a smoothing constant of = 0.1 or = 0.2 for the gasoline sales time series? Do not round your interim computations and round your final answers to two decimal places.
