D) Assuming an initial forecast for week 1 of 15,000 miles, use exponential smoothing to compute miles for weeks 2 throuc

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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
3
4
6
8.
10
11
12
Actual Passenger Miles (in thousands)
15
20
16
21
17
16
18
17
22
18
14
25
) 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 25 (round your responses ta
two decimal places).
Week
3.
4
6.
10
11 12
Forecasted Passenger Miles
(in thousands)
15.00 15.00 16.25 16.19 17. 39 17.29 16.97 17.23 17.17 18.38 ||
Transcribed Image Text:Passenger miles flown on Northeast Airlines, a commuter firm serving the Boston hub, are shown for the past 12 weeks: Week 3 4 6 8. 10 11 12 Actual Passenger Miles (in thousands) 15 20 16 21 17 16 18 17 22 18 14 25 ) 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 25 (round your responses ta two decimal places). Week 3. 4 6. 10 11 12 Forecasted Passenger Miles (in thousands) 15.00 15.00 16.25 16.19 17. 39 17.29 16.97 17.23 17.17 18.38 ||
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