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sam_48 sam_48
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The following data represent the number of ceiling fans sold for each of the past five days for a Home Depot store.



Calculate the sales forecast for Day 6 using exponential smoothing with α = 0.2.
Textbook 

Business Statistics


Edition: 2nd
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erimiserimis
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F6 = F5 + α(A5 - F5)
F6 = 11.0 + (0.2)(6 - 11.0) = 10.0

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