Question: My App is a small but growing start - up that sees demand for several of its apps increasing quickly. The table below shows the
My App is a small but growing startup 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 an initial trend forecast of and smoothing parameters of for both demand smoothing and trend smoothing.
Complete the table below, filling in the "Forecast for next month" and "Trend" columns, using double exponential smoothing.
Note: Round your answers to decimal places.
month
monthly application downloads
forecast for next month
Trend
Month s forecast is:
Note: Round your answer to decimal places.
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