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The following table displays the values of a time series for the previous 5 periods. We wish to use the Adjusted Exponential Smoothing forecast with

The following table displays the values of a time series for the previous 5 periods. We wish to use the Adjusted Exponential Smoothing forecast with a smoothing factor of alpha =0.85
and a trend factor of beta =0.35
to forecast the value of the time series for period 6.
Rounded to the nearest cent, what is the forecast for period 6?
Period Value ($)
134.65
232.52
330.59
428.57
530.87
6
The following table displays the values of a time series for the previous 5 periods. We wish to use the Adjusted Exponential Smoothing forecast with a smoothing factor of
and a trend factor of
to forecast the value of the time series for period 6.
Rounded to the nearest cent, what is the forecast for period 6?
Period Value ($)
134.65
232.52
330.59
428.57
530.87
6
31.30
30.24
30.58
30.68
29.88

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