THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION

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 Holt-Winters exponential smoothing procedure:

A) does not allow for trend or seasonality in a time series.
B) does not allow for trend,but allows the cyclic component in a time series.
C) allows for trend,and possibly also seasonality,in a time series.
D) allows seasonality,but does not allow trend in a time series.