Suppose sales for the past 6 months have been 94, 91, 102, 99, 109, and 118   Using a smoothing coefficient of 0.7, what is the exponentially smoothed value for the 4th period? (please round your answer to 1 decimal place)

Big Ideas Math A Bridge To Success Algebra 1: Student Edition 2015
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ISBN:9781680331141
Author:HOUGHTON MIFFLIN HARCOURT
Publisher:HOUGHTON MIFFLIN HARCOURT
Chapter6: Exponential Functions And Sequences
Section: Chapter Questions
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  1. Suppose sales for the past 6 months have been
    94, 91, 102, 99, 109, and 118

     
    Using a smoothing coefficient of 0.7, what is the exponentially smoothed value for the 4th period? (please round your answer to 1 decimal place)
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