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What Is the Forecast for This Year Using Trend Adjusted

Question 32

Multiple Choice

What is the forecast for this year using trend adjusted (double) smoothing with alpha = .05 and beta = 0.3, if the forecast for last year was 21,000, the forecast for two years ago was 19,000, and the trend estimate for last year's forecast was 1,500?


A) 18,750
B) 19,500
C) 21,000
D) 22,650
E) 22,800

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