Question 32 Suppose sales for the past 6 months have been 108, 96, 99, 82, 92, and 99 Using a smoothing coefficient of 0.7, what is the exponentially smoothed value for the 3rd period? (please round your answer to 1 decimal place)

Functions and Change: A Modeling Approach to College Algebra (MindTap Course List)
6th Edition
ISBN:9781337111348
Author:Bruce Crauder, Benny Evans, Alan Noell
Publisher:Bruce Crauder, Benny Evans, Alan Noell
Chapter4: Exponential Functions
Section4.1: Exponential Growth And Decay
Problem 16SBE: Exponential Growth Is the graph of exponential growth versus time increasing or decreasing?
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Question 32
Suppose sales for the past 6 months have been
108, 96, 99, 82, 92, and 99
Using a smoothing coefficient of 0.7, what is the exponentially smoothed value for the 3rd period? (please round your answer to 1 decimal
place)
Transcribed Image Text:Question 32 Suppose sales for the past 6 months have been 108, 96, 99, 82, 92, and 99 Using a smoothing coefficient of 0.7, what is the exponentially smoothed value for the 3rd period? (please round your answer to 1 decimal place)
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