Sales of Cool-Man air conditioners have grown
steadily during the past 5 years:
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 Coefficient = 0.30, develop forecasts for years 2
Thanks for allowing me to work on the question for you. In this question, x1=1, x2=2, x3=3, x4=4, x5=5, ...
This solution provides step-by-step how to apply exponential smoothing for forecast.