Exhibit 11.7 The Following Questions Use the Data Below

Multiple Choice

Exhibit 11.7
The following questions use the data below.
Joe's Sporting Goods wants to forecast quarterly sales figures using Holt's method. The store has collected 12 quarters of data and needs your help to analyze the data.
-Refer to Exhibit 11.7. What are predicted sales for time period 13 using the data in the spreadsheet?

A) 908 ≤ predicted sales < 909
B) 1026 ≤ predicted sales < 1027
C) 1144 ≤ predicted sales < 1146
D) 1160 ≤ predicted sales < 1161