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si 1s a percentage change? How would you calculate it? How would you generate forccasts using the Average Percentage Change? 3. What is Single Exponential Smoothing and what is its in its equation mean? How did Exponential Smoothing get its name? forecasting equation? What do the terms 4. How would you generate forecasts using Single Exponential Smoothing? How does changing the number of terms (N) in Single Moving Averages and changing alpha Single Exponential Smoothing affect the forecasts? Could you demonstrate this on a graph b developing an example? 5.

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