A hospital records the number of floral deliveries its patients receive each.
Question 1
A hospital records the number of floral deliveries its patients receive each day. For a two week period (14 days), the records show:
Day 1 25
Day 2 37
Day 3 36
Day 4 34
Day 5 38
Day 6 31
Day 7 36
Day 8 29
Day 9 25
Day 10 38
Day 11 35
Day 12 36
Day 13 27
Day 14 33
Use exponential smoothing with a smoothing constant of .35 to forecast the number of deliveries. (Be sure to provide a forecast for day fifteen, the point of the whole exercise)
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A hospital records the number of floral deliveries its patients receive each