What is the exponentially smoothed forecast for day four

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Community General Hospital finds itself treating many bicycle accident victims. Data from the last seven 24-hour periods is shown below:

Day         Bicycle Victims
1            10
2              6
3            19
4             22
5              28
6             28

Problem 1: With an alpha value of 0.33 and a starting forecast in day 3 equal to the 17 , what is the exponentially smoothed forecast for day 4? (Round to two decimal places)

Problem 2: What is the exponentially smoothed forecast for day 5? (Round to two decimal places)

Reference no: EM132968349

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