Author Question: Suppose Lou earns 3 more this year than last. If her earnings last year were 32,680, find her ... (Read 114 times)

oliviahorn72 · **on:** Jun 24, 2018

Suppose Lou earns 3 more this year than last. If her earnings last year were 32,680, find her earnings for this year.
a. 36,860.40

b. 33,660.40

c. 35,660.40

d. 34,790.40

Question 2

If we use a value close to 1 for the smoothing constant in a simple exponential smoothing model, then we expect the model to respond very slowly to changes in the level.
a. True
b. False
Indicate whether the statement is true or false