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Exponential smoothing
It is a weighted moving average technique, this is described by:
New forecast = Old forecast + a (Latest Observation - Old forecast)
Whereas a = Smoothing constant
This method includes automatic weighing of past data along with weights that decrease exponentially with time.
The set of whole numbers also does not satisfy all our requirements as on observation, we find that it does not include negative numbers like -2, -7 and so on. To
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A car travels 283 1/km in 4 2/3 hours .How far does it go in 1 hour?
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