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Double Exp Smth (Holts Model) Cycle repeats every 4 periods a .3 B .2 Period _Sales Level Trend Forecast-0.3*8,000 0.7*(12,015+1,549) 8,00012,0151,549 213,000I1,895 1,215 ,1 10 3 23,000 4 34,000 5 10,000 6 18,000 723,000 838,000 12,000 1013,000 1132,000 1241,000 ttk-1 (Tahoe Salt)What is the forecast for period 3 and period 16 using double exponential method?

math   Statistics-And-Probability   
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Period Sales Trend Forecast 0.3 0.2 Level Alpha Beta 1,549 1,215 13,564 13,110 1 8,000 12,015 2 13,000 11,895 3 23,000 13,077 1,209 14,286-SUM(D5:E5) 434,000 16,900 4 Level 3 0.3 13000+1-0.3)*13,110 Trend 3 0.2* (13,077-11,895)+(1-0.2)*1,215 Forecast 3 T3 L3 1,731 510,000 23,242 2,654 1,700 1,410 8 38,000 22,8521,423 8,393 2,246 1013,000 25,0471,128 338 904 18,631 25,895 22,827 22,789 24,275 30,639 26,175 22,560 26,296 27,200 -F14+SE$14 28,104 F15+$E$14 29,008 F16+$E$14 29,912F17+SE$14 6 18,000 21,127 7 23,000 21,379 10 9 12,000 2 12 13 15 16 17 18 19 20 1132,000 22,223 1241,000 25,392 13 14 15 16

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