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A Concert Promoter Is Forecasting This Year's Attendance for One

Question 143

Multiple Choice

A concert promoter is forecasting this year's attendance for one of his concerts based on the following historical data:
A concert promoter is forecasting this year's attendance for one of his concerts based on the following historical data: What is this year's forecast using exponential smoothing with alpha = 0.2, if last year's smoothed forecast was 15,000? A) 20,000 B) 19,000 C) 17,500 D) 16,000 E) 15,000
What is this year's forecast using exponential smoothing with alpha = 0.2, if last year's smoothed forecast was 15,000?


A) 20,000
B) 19,000
C) 17,500
D) 16,000
E) 15,000

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