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TABLE 16-6
the Number of Cases of Merlot Wine Sold

Question 144

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TABLE 16-6
The number of cases of merlot wine sold by a Paso Robles winery in an 8-year period follows.
 Year  Cases of Wine 19912701992356199339819944561995358199650019974101998376\begin{array} { c c } \underline{\text { Year }} &\underline{ \text { Cases of Wine }} \\1991 & 270 \\1992 & 356 \\1993 & 398 \\1994 & 456 \\1995 & 358 \\1996 & 500 \\1997 & 410 \\1998 & 376\end{array}
-Referring to Table 16-6, the Holt-Winters method for forecasting with smoothing constant of 0.8 for both level and trend will be used to smooth the wine sales. The smoothed values of the level and trend for 1992 are ____ and ____, respectively.

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