Question: Can you help me on this question #5 please? Question 5 0.5 pts A check-processing center uses exponential smoothing to forecast the number of incoming
Can you help me on this question #5 please?
Question 5 0.5 pts A check-processing center uses exponential smoothing to forecast the number of incoming checks each month. The number of checks received in June was 40 million, while the forecast was 42 million. A smoothing constant of 0.2 is used. If the center received 45 million checks in July, what would be the forecast for August? Question 6 1 pts Following are two weekly forecasts made by two different methods for the number of gallons of gasoline, in thousands, demanded at a local gasoline station. Also shown are actual demand levels, in thousands of gallons. What is the MAD for each method? Provide
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