Multiple Choice
Use the data given below to answer the following question(s) .
The table provided below gives the sales details of the number of android smart phones at an electronic retail store for the past 6 weeks. The time series appears to be relatively stable, without trend, seasonal, or cyclical effects. (Hint: Optimize α value in 0.1 increments)
-What is the formula used to calculate the value of bt in the linear trend equation Ft+k = at + btk while using double exponential smoothing?
A) bt = ?(bt - bt-1) + (1 -?) bt-1
B) bt = ?Ft-1 + (1 - ?) (at +1 + bt+1)
C) bt = ?Ft + (1 - ?) (at -1 + bt-1)
D) bt = ?(at - at-1) + (1 -?) bt-1
Correct Answer:

Verified
Correct Answer:
Verified
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