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

question 71

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,what is the forecast-in 000s-for the year 2006?

• A)39.60 units
• B)40.72 units
• C)47.34 units
• D)52.67 units