If sales are 41,576 and 47,987 for 2018 and 2019, what would you forecast for 2020 using exponential smoothing with a weight of 0.7 ? (The first forecast is equal to the actual value of the preceding year).

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A: Given that smoothing constants α=0.7 and β=0.6 FITt-1=413At-1=457Tt-1=21

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A: Given that α=0.25

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Q: The population of the world in 1987 was 5 billion and the annual growth rate was estimated at 2…

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Q: If sales are 43,453, 44,251 and 38,501 for 2018, 2019 and 2020, what would you forecast for 2021…

A: It is known that 2018 sale 43 ,453 2019 sale 44,251 and 2020 sale 38,501 weight=0.82

Q: For an exponentially growing quantity that grows at a rate of 4.0% per year, approximate the number…

A: topic - exponential function

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Q: If sales are 32,897, 50,457 and 45,293 for 2018, 2019 and 2020, what would you forecast for 2021…

A: Given that sales are 32,897, 50,457 and 45,293 for 2018, 2019 and 2020. And weight is 0.5. We have…

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Q: Suppose that the town of Grayrock had a population of 10,000 in 2014 and a population of 12,000 in…

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Q: Suppose that the College of Business and Entrepreneurial Technology had the following record of its…

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Q: Someone notices that the number of gopher holes in their yard seems to be increasing exponentially.…

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Q: Each month, Uncle Joe’s Auto Parts uses exponential smoothing (with α = 0.25) to predict the number…

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Q: In 1967, the population of Clements, PA was 7,000, and in 1974 the population was 12,000. Should the…

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Q: The exponential growth models, A = 33.1e0.009t (Canada) and A = 28.2e0.034t (Uganda) describe the…

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Q: 2. Suppose a population of insects grows exponentially, there were 130 insects after the third day…

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Q: A “Student Drug Use and Health Survey" of Ontario high school students found that the percentage of…

A: Let t=0 for 2013, t=1 for 2014, t=2 for 2015, t=3 for 2016, t=4 for 2017. Assuming the exponential…

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Q: A new car that sells for $19,000 depreciates (decreases in value) 21% each year. What is the decay…

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Q: About the size of New Jersey, Israel has seen its population soar to more than 6 million since it…

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Q: slow economy caused a company’s annual revenues  to drop from P500, 000 in 2007 to $380,000 in 2010.…

A: Let us start solving the problem step by step  Model:  Y=Ce^kt

Q: A particular city had a population of 23,000 in 1910 and a population of 28,000 in 1950. Assuming…

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