The data file Housing Starts shows private housing units started per thousand of population in the United States over a period of 24 years. Using the data, employ the method of simple exponential...

The data file
Housing Starts
shows private housing units started per thousand of population in the United States over a period of 24 years. Using the data, employ the method of simple exponential smoothing with smoothing constant a = 0.5 to predict housing starts in the next 3 years.