a) You and your friends have started a new business in and achieve the following sales figures: Month March April May June July Demand 356 1250 1836 2876 3458

Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter5: Inverse, Exponential, And Logarithmic Functions
Section: Chapter Questions
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Question 3
a) You and your friends have started a new business in selling gaming chairs
and achieve the following sales figures:
Month
March
April
May
June
July
August
Demand
356
1250
1836
2876
3458
4670
Prepare forecasts for June through September using an exponential
smoothing model with a = 0.4. Assume the forecast for May was 1900.
Transcribed Image Text:Question 3 a) You and your friends have started a new business in selling gaming chairs and achieve the following sales figures: Month March April May June July August Demand 356 1250 1836 2876 3458 4670 Prepare forecasts for June through September using an exponential smoothing model with a = 0.4. Assume the forecast for May was 1900.
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