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Passenger miles flown on Northeast Airlines, a commuter firm serving the Boston hub, are shown for the past 12 weeks: Week 1 2 3 4
Passenger miles flown on Northeast Airlines, a commuter firm serving the Boston hub, are shown for the past 12 weeks: Week 1 2 3 4 5 6 7 Actual Passenger Miles (in thousands) 15 8 9 10 11 12 20 16 21 17 16 18 17 22 18 14 25 ) Assuming an initial forecast for week 1 of 15,000 miles, use exponential smoothing to compute miles for weeks 2 through 12. Use a 0.25 (round your responses ta two decimal places) Week 1 2 3 4 5 6 7 8 9 10 11 12 Forecasted Passenger Miles (in thousands) 15.00 15.00 16.25 16.19 17.39 17.29 16.97 17.23 17.17 18.38
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