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(Situation J) the Table Lists the Number (In Millions) of Chevrolet

Question 73

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(Situation J) The table lists the number (in millions) of Chevrolet passenger cars sold to dealers in the U.S. and Canada from 1980 to 1985.  Year  Sales 19801.74019811.44419820.89619831.28919841.45519854.882\begin{array} { l l } \hline \text { Year } & \text { Sales } \\\hline 1980 & 1.740 \\1981 & 1.444 \\1982 & 0.896 \\1983 & 1.289 \\1984 & 1.455 \\1985 & 4.882 \\\hline\end{array}
-Use the Holt forecasting model with trend to forecast the number of Chevrolet passenger cars sold to U.S. and Canadian dealers in 1990 using w=0.6 and v=0.5w = 0.6 \text { and } v = 0.5


A) 6.068 million cars
B) 8.72 million cars
C) 8.952 million cars
D) 6.39 million cars

Correct Answer:

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