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Compare the forecast with the actual price

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Reference no: EM131709743

Question: Use the Wall Street Journal or another source to gather information on the daily price of gold. Collect a series of prices, and construct an exponential smoothing model. Choose the weighting factor w that seems to fit the data best. Forecast the next day's price of gold, and compare the forecast with the actual price once it is known.

Reference no: EM131709743

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