Question: I keep getting 263,750 for the first bit - no idea what I'm doing wrong. Can someone help me work it out? Thanks! View previous

I keep getting 263,750 for the first bit - no idea what I'm doing wrong. Can someone help me work it out? Thanks!

I keep getting 263,750 for the first bit - no

View previous attempt 5 PA 15-5 (Static) My App is a small but growing start-up that sees... eBook My App is a small but growing start-up that sees demand for several of its apps increasing quickly. The table below shows the last six months of downloads. Use a forecast for the first month of 220,000, an initial trend forecast of 40,000, and smoothing parameters of 0.25 for both demand smoothing and trend smoothing. Print References Trend 40,000.00 29,062.50 17,656.25 Month (t) Monthly Application Downloads Forecast for Next Month 220,000.00 1 235,000 223,750.00 2 290,000 240,312.50 3 336,000 264,234.38 4 390,000 295,675.79 5 435,000 330,506.84 6 498,000 372,380.13 (Round your answers to 2 decimal places.) Complete the table above, filling in the "Forecast for next month" and "Trend" columns, using double exponential smoothing. a. (Round your answers to 2 decimal places.) Month 7's forecast is: b. 9.87

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