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Passenger miles flown (in thousands) on Northeast Airlines, a commuter firm serving the Boston hub, are shown for the past 5 weeks. Assuming an initial
Passenger miles flown (in thousands) on Northeast Airlines, a commuter firm serving the Boston hub, are shown for the past 5 weeks. Assuming an initial forecast for week 1 of 17,000 miles, use exponential smoothing to compute the forecast for miles flown in week 5 to the nearest 100-miles. Use a = .2
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