The manager of a trendy downtown café in Columbus, Ohio, collects weekly data on the number of customers it serves. A port of the data is shown in the accompanying table. Week 2 1 52 Customers 925 977 53 1338 pictureClick here for the Excel Data File a. Use the simple exponential smoothing technique with a = 0.2 to make a forecast for Week 53. (Do not round intermediate calculations. Round final answer to 2 decimal places.) b. Use the simple exponential smoothing technique with a = 0.4 to make a forecast for Week 53. (Do not round intermediate calculations. Round final answer to 2 decimal places.)
The manager of a trendy downtown café in Columbus, Ohio, collects weekly data on the number of customers it serves. A port of the data is shown in the accompanying table. Week 2 1 52 Customers 925 977 53 1338 pictureClick here for the Excel Data File a. Use the simple exponential smoothing technique with a = 0.2 to make a forecast for Week 53. (Do not round intermediate calculations. Round final answer to 2 decimal places.) b. Use the simple exponential smoothing technique with a = 0.4 to make a forecast for Week 53. (Do not round intermediate calculations. Round final answer to 2 decimal places.)
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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Transcribed Image Text:The manager of a trendy downtown café in Columbus, Ohio, collects weekly data on the number of customers it serves. A port
of the data is shown in the accompanying table.
Week
1
2
1
52
ŷ53 =
Customers
925
977
I
1338
pictureClick here for the Excel Data File
a. Use the simple exponential smoothing technique with a = 0.2 to make a forecast for Week 53. (Do not round intermediate
calculations. Round final answer to 2 decimal places.)
Saved
953 =
b. Use the simple exponential smoothing technique with a = 0.4 to make a forecast for Week 53. (Do not round intermediate
calculations. Round final answer to 2 decimal places.)
Drow
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Week
1
5
6
7
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
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32
33
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35
36
37
38
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46
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50
51
52
Customers
925)br
977
943
937
1024
1098
1048
980
905
818
823
768
777
834
885
837
900
971
966
911
963
988
943
870
877
958
1026
1029
1113
1201
1181
1171
1164
1153
1075
1053
997
948
987
930
911
990
964
1069
1165
1229
1158
1210
1297
1279
1353
1338
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