What Is This Year's Forecast Using Exponential Smoothing with Alpha

question 25

Short Answer

What is this year's forecast using exponential smoothing with alpha = .25, if last year's smoothed forecast was 45?

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Definitions:

Performance

The manner in which an individual or group executes and accomplishes tasks or activities, often measured against predefined standards.

Tasks

Specific activities or assignments that people engage in, often as part of larger projects or goals.

Normative Social Influence

The influence of others that leads us to conform in order to be liked and accepted by them, resulting in a change in beliefs or behavior to fit in with a group.

Informational Social Influence

The process of changing one's behavior based on the desire to be right or to understand the correct way to act in a given situation.