Suppose we are using the daily price data and the exponential smoothing method with alpha = 0.3 to forecast Apple's stoc

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Suppose we are using the daily price data and the exponential smoothing method with alpha = 0.3 to forecast Apple's stoc

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Suppose We Are Using The Daily Price Data And The Exponential Smoothing Method With Alpha 0 3 To Forecast Apple S Stoc 1
Suppose We Are Using The Daily Price Data And The Exponential Smoothing Method With Alpha 0 3 To Forecast Apple S Stoc 1 (27.28 KiB) Viewed 21 times
Suppose we are using the daily price data and the exponential smoothing method with alpha = 0.3 to forecast Apple's stock price. For April 28th we forecast the closing stock price would be 157.20, but the actual closing price was 163.64. Using this information, what would our model forecast for the closing price on April 29th? Please round to 2 decimal places.
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