SCENARIO 16-4 the Number of Cases of Merlot Wine Sold by a by a Paso

Short Answer

SCENARIO 16-4
The number of cases of merlot wine sold by a Paso Robles winery in an 8-year period follows.
-Referring to Scenario 16-4,exponential smoothing with a weight or smoothing constant of
0.2 will be used to smooth the wine sales.The value of E₂,the smoothed value for 2006 is
.