For the data below, use the weighting constant a = 0.5 and exponential smoothing to determine the fo
Question: For the data below, use the weighting constant a = 0.5 and exponential smoothing to determine the forecast for 2005.
| Year | Subscribers (millions) |
| 1993 | 16 |
| 1994 | 24.1 |
| 1995 | 33.8 |
| 1996 | 44 |
| 1997 | 55.3 |
| 1998 | 69.2 |
| 1999 | 86 |
| 2000 | 109.5 |
| 2001 | 128.4 |
| 2002 | 140.8 |
| 2003 | 158.7 |
| 2004 | 182.1 |
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Answer: The solution consists of 2 pages
Deliverables: Word Document
Deliverables: Word Document
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