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The tutoring center needs to allocate this week for office appointments, so it needs to forecast the number of students who will seek appointments. The
The tutoring center needs to allocate this week for office appointments, so it needs to forecast the number of students who will seek appointments. The director has gathered the following times series data:
PERIOD STUDENT APPOINTMENTS
4 WEEKS AGO 95
3 WEEKS AGO 80
2 WEEKS AGO 65
LAST WEEK 50
What would be this week's forecast for student appointments using exponential smoothing with an alpha of 0.2 IF THE FORECAST FOR 2 WEEKS AGO WAS 90?
Select one:
a. None of these choices.
b. 50
c. 78
d. 35
e. 65
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