Question
Mr. Geppetto uses exponential smoothing to predict revenue in his wood carving business. He chooses w =0.60. What revenue did he predict for February using
Mr. Geppetto uses exponential smoothing to predict revenue in his wood carving business. He chooses w =0.60. What revenue did he predict for February using the data below? Select closet answer.
MONTH REVENUE FORECAST
Nov 100 100
Dec 90 100
Jan 115 ----
Feb ? ___
The forecast for February is ____________.
104.50
105.6
106.6
106.0
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Investment Analysis and Portfolio Management
Authors: Frank K. Reilly, Keith C. Brown
10th Edition
538482109, 1133711774, 538482389, 9780538482103, 9781133711773, 978-0538482387
