Solution: Consider the following sales data: Year Demand for IPods (in thousands) 1 4 2 6 3 4 4 5 5 10 If the forecast for Year 5 was 15 ...use exponential
Question: Consider the following sales data:
| Year | Demand for IPods (in thousands) |
| 1 | 4 |
| 2 | 6 |
| 3 | 4 |
| 4 | 5 |
| 5 | 10 |
If the forecast for Year 5 was 15 ...use exponential smoothing with alpha \(=.7\) to forecast sales for Year 6 .
Deliverable: Word Document 
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