Question: Day 1 11 Dar:r 2 5 Day 3 6 Dayr 4 11 Day 5 7 The above data is the number of customers a local

 Day 1 11 Dar:r 2 5 Day 3 6 Dayr 4

Day 1 11 Dar:r 2 5 Day 3 6 Dayr 4 11 Day 5 7 The above data is the number of customers a local bakery received in the last ve days. You are tasked with forecasting the next day's demand. You apply exponential smoothing with alpha=0.2. Assume the rst day's forecast is equal to the observation 11. what is the forecast for Dar.r 5? Answer to two decimal places

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