Use the following data set below and a = 0.4 to calculate the simple exponential smoothing forecast numbers on the end of the week Friday. Assume the forecast for the first Monday to be the actual value of the first Monday. Express your answer rounded to two decimal places if necessary. Monday Tuesday Wednesday Thursday Friday Day Sales Data 283 239 222 156 ? Value
Use the following data set below and a = 0.4 to calculate the simple exponential smoothing forecast numbers on the end of the week Friday. Assume the forecast for the first Monday to be the actual value of the first Monday. Express your answer rounded to two decimal places if necessary. Monday Tuesday Wednesday Thursday Friday Day Sales Data 283 239 222 156 ? Value
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
Transcribed Image Text:Use the following data set below and a = 0.4 to calculate the simple exponential smoothing forecast numbers on the end of the week Friday.
Assume the forecast for the first Monday to be the actual value of the first Monday. Express your answer rounded to two decimal places if
necessary.
Monday
Tuesday
Wednesday
Thursday
Friday
Day
Sales Data
283
239
222
156
?
Value
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