Passenger miles flown on Northeast Airlines, a commuter firm serving the Boston hub, are shown for the past 12 weeks: Week Actual Passenger Miles (in thousands) 1 2 3. 4 5 7. 8 9. 10 11 12 15 18 16 19 17 16 18 17 20 18 13 22 a) Assuming an initial forecast for week 1 of 15,000 miles, use exponential smoothing to compute miles for weeks 2 through 12. Use a = 0.22 (round your responses to two decimal places). Week 4. 5 9. 10 11 12 Forecasted Passenger Miles (in thousands) 15.00 15.00 15.66 15.73 16,45 16.57 16.44 16.78 16.83 17.53

Linear Algebra: A Modern Introduction
4th Edition
ISBN:9781285463247
Author:David Poole
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Chapter7: Distance And Approximation
Section7.3: Least Squares Approximation
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Passenger miles flown on Northeast Airlines, a commuter firm serving the Boston hub, are shown for the past 12 weeks
Week
Actual Passenger Miles (in thousands)
1 2
3.
4
5
7.
8
9.
10
11
12
15
18
16
19
17
16
18
17
20
18
13
22
a) Assuming an initial forecast for week 1 of 15,000 miles, use exponential smoothing to compute miles for weeks 2 through 12. Use a =0.22 (round
your responses to two decimal places).
Week
1.
5
9.
10 11 12
Forecasted Passenger Miles
(in thousands)
15.00 15.00 15.66 15.73 16.45 16.57 16.44 16.78 16.83 17.53
Transcribed Image Text:Passenger miles flown on Northeast Airlines, a commuter firm serving the Boston hub, are shown for the past 12 weeks Week Actual Passenger Miles (in thousands) 1 2 3. 4 5 7. 8 9. 10 11 12 15 18 16 19 17 16 18 17 20 18 13 22 a) Assuming an initial forecast for week 1 of 15,000 miles, use exponential smoothing to compute miles for weeks 2 through 12. Use a =0.22 (round your responses to two decimal places). Week 1. 5 9. 10 11 12 Forecasted Passenger Miles (in thousands) 15.00 15.00 15.66 15.73 16.45 16.57 16.44 16.78 16.83 17.53
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