Using the information in the table below, find the occupancy rate for the years 2021 to 2024 using exponential smoothing without trend technique given that alpha is denoted as  0.3       Year Occupancy Rate % 2020 69.245 2021 69. 9675 2022 70.69 2023 71.4125 2024 72.135

College Algebra
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ISBN:9781938168383
Author:Jay Abramson
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Chapter6: Exponential And Logarithmic Functions
Section6.8: Fitting Exponential Models To Data
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Using the information in the table below, find the occupancy rate for the years 2021 to 2024 using exponential smoothing without trend technique given that alpha is denoted as  0.3

 

 

 

Year

Occupancy Rate %

2020

69.245

2021

69. 9675

2022

70.69

2023

71.4125

2024

72.135

 

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