Use the Data Given Below to Answer the Following Question(s)

question 48

Multiple Choice

Use the data given below to answer the following question(s) .
The table below shows the car sales from the year 2002-2007.The forecaster assumes a smoothing constant of 0.8 and uses the exponential smoothing model to determine the forecast for the future.
-From the data given above,the sales forecast for the year 2008 (in 000s) is ________.

• A)40.72 units
• B)47.34 units
• C)52.67 units
• D)62.53 units

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Definitions:

Exception Questions

Inquiries made to help an individual identify times when the problem they are dealing with was not present or was less problematic, often used in solution-focused therapy.

Esteem

The respect and admiration that an individual is regarded with by others or oneself, often built through achievements or qualities.

Support

Assistance or encouragement provided to someone, often aimed at helping them cope or improve a situation.

Survival

The act of remaining alive or continuing existence, often under adverse or challenging circumstances.