A police station had to deploy a police officer for an emergency multiple times in the last four evenings. The tablebelow shows the number of emergencies each evening.(Round your answers to 3 decimal places.).Forecast forWeekdayNumber of calls each daytomorrow (calls)6.MondayTuesdayWednesday6.6.8Thursday12Complete the "Forecast for tomorrow" column in the table above. Use an exponentiala.smoothing forecasting approach, with a=0.3 and a forecast for Monday of 9.(Round your answer to 3 decimal places.)What would be their forecast for Friday using the sameb.exponential smoothing forecasting approach?

The techniques used to forecast the value for smoothing the time series data with the help of the…

A police station had to deploy a police officer for an emergency multiple times in the last four evenings. The table below shows the number of emergencies each evening. (Round your answers to 3 decimal places.) Forecast for Weekday Number of calls each day tomorrow (calls) 9. Monday Tuesday Wednesday Thursday 9. 12 Complete the "Forecast for tomorrow" column in the table above. Use an exponential a. smoothing forecasting approach, with a=0.3 and a forecast for Monday of 9. (Round your answer to 3 decimal places.) What would be their forecast for Friday using the same b. exponential smoothing forecasting approach?

A police station had to deploy a police officer for an emergency multiple times in the last four evenings. The table below shows the number of emergencies each evening. (Round your answers to 3 decimal places.) Forecast for Weekday Number of calls each day tomorrow (calls) 9. Monday Tuesday Wednesday Thursday 9. 12 Complete the "Forecast for tomorrow" column in the table above. Use an exponential a. smoothing forecasting approach, with a=0.3 and a forecast for Monday of 9. (Round your answer to 3 decimal places.) What would be their forecast for Friday using the same b. exponential smoothing forecasting approach?

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

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