A. What is the probability that Using exponential smoothing with a weight of 0.6 on actual values: (a) If sales are $45,000 and $50,000 for 2017 and 2018, what would you forecast for 2019? (The first forecast is equal t...
Simple linear regression uses the ordinary least squares technique to create an equation that best fits the data for the dependent and independent variables. The equation can be used to predict the value of the dependent variable given...