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The manager of a local shop has collected information about the number of customers visiting the shop. Data from the last seven week periods
The manager of a local shop has collected information about the number of customers visiting the shop. Data from the last seven week periods is shown below: Week visitors 1 10 2 12 3 15 19 5 16 6 18 With a smoothing factor of 0.3, what are the exponentially smoothed forecasts for weeks 2 to 7? Round the forecasts to two decimal places. ** Type your solution in a table form. or Attach your Excel file. (15 min)
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