The forecast for the period of 4 is 152.5
How to determine the forecast for the period of 4?
The equation of the fitted trend is given as:
yt = 184e-.047t
At the 4th period, we have:
t = 4
This means that:
y4 = 184e-.047 * 4
Evaluate the product
y4 = 184e-0.188
Evaluate the exponent
y4 = 184 * 0.8286
Evaluate the product
y4 = 152.5
Hence, the forecast for the period of 4 is 152.5
Read more about functions at:
https://brainly.com/question/15602982
#SPJ4
