TABLE 16-4
The number of cases of merlot wine sold by a Paso Robles winery in an 8-year period follows.
-Referring to Table 16-4, exponential smoothing with a weight or smoothing constant of 0.2 will be used to smooth the wine sales. The value of E₂, the smoothed value for 2004 is ________.

Question

TABLE 16-4
The number of cases of merlot wine sold by a Paso Robles winery in an 8-year period follows. 
-Referring to Table 16-4, exponential smoothing with a weight or smoothing constant of 0.2 will be used to smooth the wine sales. The value of E₂, the smoothed value for 2004 is ________.

Quizplus · Accepted Answer

The Answer of TABLE 16-4
The number of cases of merlot wine sold by a Paso Robles winery in an 8-year period follows. 
-Referring to Table 16-4, exponential smoothing with a weight or smoothing constant of 0.2 will be used to smooth the wine sales. The value of E₂, the smoothed value for 2004 is ________.

TABLE 16-4 the Number of Cases of Merlot Wine Sold by a by a Paso