question archive Sales of Cool-Man air conditioners have grown steadily during the past 5 years: YEAR SALES 1 ………
Sales of Cool-Man air conditioners have grown steadily during the past 5 years: YEAR SALES 1 ………
Subject:StatisticsPrice: Bought3
Sales of Cool-Man air conditioners have grown steadily during the past 5 years:
YEAR SALES
1 ……….. 450
2 ……….. 495
3 ……….. 518
4 ……….. 563
5 ……….. 584
6 ……….. ?
The sales manager had predicted, before the business started, that year 1’s sales would be 410 air conditioners. Using exponential smoothing with a weight of ? = 0.30, develop forecasts for years 2 through 6.
Sales of Cool Man air conditioners have grown steadily during th
