Forecasting with Weights

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RightRose
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What is the weight assigned to the most recent month's sales?

0.5

What is the weight assigned to the second oldest month's sales?

0.3

How many months are used to make the first forecast?

2

What is the actual sales for August in thousands?

<p>265</p> Signup and view all the answers

What is the pattern of the weights assigned to the months?

<p>Decreasing</p> Signup and view all the answers

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