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 forecast for week 13 is approximately:
A) 696 units.
B) 767 units.
C) 805 units.
D) 966 units.
Correct Answer:

Verified
Correct Answer:
Verified
Q25: A trend is a persistent pattern in
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Q106: Increasing the value of α from 0.025