Suppose Lou earns 3 more this year than last. If her earnings ...

[oliviahorn72]

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

[tofugiraffe]

Answer to Question 1

b

Answer to Question 2

FALSE

[oliviahorn72]

Thanks for the timely response, appreciate it

[Hdosisshsbshs]

Great answer, keep it coming