You are using exponential smoothing on an annual time series concerning total revenues (in millions of dollars). You decide to use a smoothing coefficient of W=0.4, and the exponentially smoothed value for 2010 is E2010 (0.4)(12.4) + (0.6)(9.9). a. What is the smoothed value of this series in 2010? b. What is the smoothed value of this series in 2011 if the value of the series in that year is $11.5 million? a. E2010 $ million (Type an integer or a decimal. Do not round.) GIB

You are using exponential smoothing on an annual time series concerning total revenues (in millions of dollars). You decide to use a smoothing coefficient of W=0.4, and the exponentially smoothed value for 2010 is E2010 (0.4)(12.4) + (0.6)(9.9). a. What is the smoothed value of this series in 2010? b. What is the smoothed value of this series in 2011 if the value of the series in that year is $11.5 million? a. E2010 $ million (Type an integer or a decimal. Do not round.) GIB

College Algebra

1st Edition

ISBN:9781938168383

Author:Jay Abramson

Publisher:Jay Abramson

Chapter6: Exponential And Logarithmic Functions

Section6.1: Exponential Functions

Problem 68SE: An investment account with an annual interest rateof 7 was opened with an initial deposit of 4,000...

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