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Part 2 of 6 101 10 Save Storrs Cycles has just started selling the new Cyclone mountain bike, with monthly sales as shown in the
Part 2 of 6 101 10 Save Storrs Cycles has just started selling the new Cyclone mountain bike, with monthly sales as shown in the table. Month Sales Jan Feb Mar Apr 404 372 414 365 a) Based on the given monthly sales data, it can be said that there is not a strong linear trend in sales over time. b) First, co-owner Bob Day wants to forecast by exponential smoothing by initially setting February's forecast equal to January's sales with a 0.15. Using the forecasting method, Bob's forecast for the month of May is (round your response to two decimal places): Help me solve this Video Get more help- Month Sales Forecast Jan 404 Feb 372 404.00 Mar 414 399.20 Apr 365 40142 May Clear all Check
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