Question: Answer the question 5 and 6 TEC-403 Spring 2014 Dr. Farshen 5. Exponential smoothing uses a smoothing constant called alpha (a). In the lecture, it

Answer the question 5 and 6 Answer the question 5 and 6 TEC-403 Spring 2014
TEC-403 Spring 2014 Dr. Farshen 5. Exponential smoothing uses a "smoothing constant" called alpha (a). In the lecture, it was noted that alpha can range between zero and one. Complete the following: A small alpha (a) gives more weight to data. A large alpha (a) gives more weight to data. 6. Big screen TV sales at Circuit City during the past five months were: Month 2 5 Sales 25 21 14 23 Question: Predict the number of big screen TVs that will be sold in month six using exponential smoothing with alpha (a) - 0.20. Show all work 1 18

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