(Situation H) the Prices of Coffee, Gasoline, and Sugar for Each

Multiple Choice

(Situation H) The prices of coffee, gasoline, and sugar for each month of 1983 are shown below in the table. $$\begin{array} { l c c c } \hline \text { Month } & \begin{array} { c } \text { Price of Coffee } \\\text { (per pound) }\end{array} & \begin{array} { c } \text { Price of Gasoline } \\\text { (per gallon) }\end{array} & \begin{array} { c } \text { Price of Sugar } \\\text { (per pound) }\end{array} \\\text { January } & \$ 1.47 & \$ 1.15 & \$ 0.32 \\\text { February } & \$ 1.47 & \$ 1.10 & \$ 0.33 \\\text { March } & \$ 1.47 & \$ 1.06 & \$ 0.32 \\\text { April } & \$ 1.39 & \$ 1.13 & \$ 0.33 \\\text { May } & \$ 1.36 & \$ 1.18 & \$ 0.33 \\\text { June } & \$ 1.36 & \$ 1.20 & \$ 0.34 \\\text { July } & \$ 1.36 & \$ 1.21 & \$ 0.34 \\\text { August } & \$ 1.36 & \$ 1.20 & \$ 0.34 \\\text { September } & \$ 1.36 & \$ 1.19 & \$ 0.34 \\\text { October } & \$ 1.36 & \$ 1.17 & \$ 0.34 \\\text { November } & \$ 1.36 & \$ 1.16 & \$ 0.33 \\\text { December } & \$ 1.36 & \$ 1.15 & \$ 0.33 \\\hline\end{array}$$
-Using just the price of gasoline and a smoothing constant of $\mathrm { w } = 0.4$ lculate the exponentially smoothed value for March.

A) $1.102
B) $1.12
C) $1.076
D) $1.084