Number of customers arriving at a 5-star restaurant on different days of the week is given in the following table: Number Customers arriving Day Sunday 10 Monday 14 Tuesday 17 Wednesday 20 Assuming that an initial forecast for Wednesday was 25. If the forecast for Thursday using exponential smoothing is 23, what is the value of smoothing constant Alpha? 0.3 0.4 0.6 0.5
Number of customers arriving at a 5-star restaurant on different days of the week is given in the following table: Number Customers arriving Day Sunday 10 Monday 14 Tuesday 17 Wednesday 20 Assuming that an initial forecast for Wednesday was 25. If the forecast for Thursday using exponential smoothing is 23, what is the value of smoothing constant Alpha? 0.3 0.4 0.6 0.5
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
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Problem 1P
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![Number of customers arriving at a 5-star restaurant on different days of the week is given in the following table:
Number
Customers arriving
Day
10
Sunday
Monday 14
Tuesday 17
Wednesday 20
Assuming that an initial forecast for Wednesday was 25. If the forecast for Thursday using exponential smoothing is 23, what is the value of smoothing constant
Alpha?
0.3
оо
0.4
0.6
of
0.5](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Faa9eb86d-6827-4f18-9aa4-e931c7b68809%2F4bb12bb5-4180-47ff-a0fd-834e86115b14%2Fy3ltb2e_processed.png&w=3840&q=75)
Transcribed Image Text:Number of customers arriving at a 5-star restaurant on different days of the week is given in the following table:
Number
Customers arriving
Day
10
Sunday
Monday 14
Tuesday 17
Wednesday 20
Assuming that an initial forecast for Wednesday was 25. If the forecast for Thursday using exponential smoothing is 23, what is the value of smoothing constant
Alpha?
0.3
оо
0.4
0.6
of
0.5
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