Question

My App is a small but growing start-up that sees demand for several of its apps increasing quickly. The table below shows the last six months of downloads. Use a forecast for the first month of 215000, an initial trend forecast of 45000, and smoothing parameters of 0.1 for both demand smoothing and trend smoothing.
	Month (t)	Monthly Application Downloads	Forecast for Next Month	Trend
			215,000.00	45,000.00
	1	215,000
	2	250,060
	3	325,000
	4	390,000
	5	400,000
	6	507,000
	(Round your answer to 2 decimal places.)
a.	Complete the table above, filling in the "Forecast for next month" and "Trend" columns, using double exponential smoothing.
	(Round your answer to 2 decimal places.)
b.	Month 7's forecast is:

Answer 1