Instruction 14-4 the Number of Train Passengers Arriving in Adelaide on the on the Overland

question 171

Short Answer

Instruction 14-4
The number of train passengers arriving in Adelaide on the Overland on six successive Mondays were: 60, 72, 96, 84, 36 and 48.
-Referring to Instruction 14-4,the number of arrivals will be exponentially smoothed with a smoothing constant of 0.25.The forecast of the number of arrivals on the seventh Monday will be _______.

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Definitions:

Sub-Saharan African Countries

Nations located in the region of Africa that lies south of the Sahara Desert, often characterizing a geographic and socio-economic grouping.

Incidence

The allocation of the burden of a tax between buyers and sellers, or the effect of a policy or economic event on particular groups.

Industrial Market Countries

Nations with highly developed industries where the majority of economic activities are focused on manufacturing and services.

High-Income Economies

Countries or regions characterized by a high gross domestic product (GDP) per capita, indicating a higher standard of living and economic development.