Local city government statistics show the rate of new driver’s license applications to be as follows: Month week Applications Weekly Forecast May 1 338 2 299 3 315 4 312 June 1 307 2 310 3 305 4 Assuming that the forecast for third week of May is the average of the license applications during the first two weeks of May, use an exponential smoothing constant of 0.3, find the forecast weekly new driver’s license applications through week 4 of June.
Local city government statistics show the rate of new driver’s license applications to be as follows: Month week Applications Weekly Forecast May 1 338 2 299 3 315 4 312 June 1 307 2 310 3 305 4 Assuming that the forecast for third week of May is the average of the license applications during the first two weeks of May, use an exponential smoothing constant of 0.3, find the forecast weekly new driver’s license applications through week 4 of June.
Chapter6: Exponential And Logarithmic Functions
Section6.8: Fitting Exponential Models To Data
Problem 1TI: Table 2 shows a recent graduate’s credit card balance each month after graduation. a. Use...
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Local city government statistics show the rate of new driver’s license applications to be as follows:
Month | week | Applications | Weekly Forecast |
May | 1 | 338 | |
2 | 299 | ||
3 | 315 | ||
4 | 312 | ||
June | 1 | 307 | |
2 | 310 | ||
3 | 305 | ||
4 |
Assuming that the forecast for third week of May is the average of the license applications during the first two weeks of May, use an exponential smoothing constant of 0.3, find the forecast weekly new driver’s license applications through week 4 of June.
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