The owners of Hal's Cookie Company have collected sales data for the past 8 months.These data are shown as follows:
Using a smoothing constant equal to 0.20 and starting forecast in period 1 of 100,the forecast value for period 9 is approximately 104.2.

Question

The owners of Hal's Cookie Company have collected sales data for the past 8 months.These data are shown as follows:
  Using a smoothing constant equal to 0.20 and starting forecast in period 1 of 100,the forecast value for period 9 is approximately 104.2.

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The Answer of The owners of Hal's Cookie Company have collected sales data for the past 8 months.These data are shown as follows:
  Using a smoothing constant equal to 0.20 and starting forecast in period 1 of 100,the forecast value for period 9 is approximately 104.2.

The Owners of Hal's Cookie Company Have Collected Sales Data