A police station had to deploy a police officer for an emergency multiple times
ID: 3365492 • Letter: A
Question
A police station had to deploy a police officer for an emergency multiple times in the last four evenings. The table below shows the number of emergencies each evening. (Round your answers to 3 decimal places.) Weekday Number of calls each day Forecast for tomorrow (calls) 9 Monday 9 Tuesday 4 Wednesday 7 Thursday 12 a. Complete the "Forecast for tomorrow" column in the table above. Use an exponential smoothing forecasting approach, with =0.1 and a forecast for Monday of 9. (Round your answer to 3 decimal places.) b. What would be their forecast for Friday using the same exponential smoothing forecasting approach? A police station had to deploy a police officer for an emergency multiple times in the last four evenings. The table below shows the number of emergencies each evening. (Round your answers to 3 decimal places.) Weekday Number of calls each day Forecast for tomorrow (calls) 9 Monday 9 Tuesday 4 Wednesday 7 Thursday 12 a. Complete the "Forecast for tomorrow" column in the table above. Use an exponential smoothing forecasting approach, with =0.1 and a forecast for Monday of 9. (Round your answer to 3 decimal places.) b. What would be their forecast for Friday using the same exponential smoothing forecasting approach?Explanation / Answer
as exponential distirbution: next month forecast =alpha*last month actual+(1-alpha)*last month forecast.
from above:
B) forecast for Friday =8.715
weekday number of calls forecast Monday 9 9 Tuesday 4 9 Wednesday 7 8.5 Thursday 12 8.35 Friday 8.715