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Solved Forecasting 1 Which Of The Following Forecasting Chegg The training data should contain 80% of the full data and the test data should contain the most recent 20% of the full data. build a simple exponential smoothing model [set the 'initialization method' parameter value as 'estimated' and when using the '.fit' command, please do make sure that the parameter is optimized=true] and calculate the. These methods rely on statistical models and historical data to make predictions about future events. the accuracy of forecasting depends on several factors, including the quality and quantity of data used, the methods and techniques employed, and the expertise of the individuals making the predictions.
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