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THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION

Question 65

Multiple Choice

THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION:
The table below is the data set of the number of preorders received for a particular game on a weekly basis.
The forecaster uses the Holt-Winters Exponential Smoothing for nonseasonal series to forecast the number of preorders in future time periods.
He uses α = 0.8 and β = 0.5.(Hint: Use the formula from the text to arrive at the answers. )
THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION: The table below is the data set of the number of preorders received for a particular game on a weekly basis. The forecaster uses the Holt-Winters Exponential Smoothing for nonseasonal series to forecast the number of preorders in future time periods. He uses α = 0.8 and β = 0.5.(Hint: Use the formula from the text to arrive at the answers. ) -Compute the approximate forecast for week 12. A) 696 units B) 767 units C) 672 units D) 453 units
-Compute the approximate forecast for week 12.


A) 696 units
B) 767 units
C) 672 units
D) 453 units

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