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

Essay

(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. $$\begin{array} { l l } \hline \text { Year } & \text { Sales } \\\hline 1980 & 1.740 \\1981 & 1.444 \\1982 & 0.896 \\1983 & 1.289 \\1984 & 1.455 \\1985 & 4.882 \\\hline\end{array}$$
-Using a smoothing constant of $\mathrm { w } = 0.70 ,$ 0.70, calculate the value of the exponentially smoothed series in 1985.