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

question 96

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.
-In the double exponential smoothing model F_t+k = a_t + b_tk,identify the value that signifies the slope.

• A)a_t
• B)F_t+k
• C)b_t

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Definitions:

Insight Therapy

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