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PA 1 5 - 5 My App is a small but growing start - up that sees... My App is a small but growing start

PA 15-5 My App is a small but growing start-up that sees... 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 Month (t) Monthly Application Downloads Forecast for Next MonthTrend 220,000.0040,000.00235,000290,000336,000390,000435,000498,000235(Round your answer to 2 decimal places.) Complete the table above, filling in the "Forecast for next month" and "Trend" columns, using double exponential smoothing (Round your answer to 2 decimal places.) Month 7's forecast is: b.

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