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Daily demand for newspapers for the last 11 days has been as follows: 12, 14, 16, 19, 12, 17, 14, 11, 15, 16, 14 (listed
Daily demand for newspapers for the last 11 days has been as follows: 12, 14, 16, 19, 12, 17, 14, 11, 15, 16, 14 (listed from oldest to most recent). Estimate the forecast for day 12 if the forecast for day 11 was identical to the actual demand on day 9 and the smoothing parameter being 0.3.
a) 14.7
b) 15.4
c) 16.6
d) 17.1
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