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TABLE 16-7
The number of passengers arriving at San Francisco on the Amtrak cross-country express on 6 successive Mondays were: 60, 72, 96, 84, 36, and 48.
-Referring to Table 16-7, the Holt-Winters method for forecasting with smoothing constant of 0.3 for both level and trend will be used to smooth the number of arrivals. The smoothed values of the level and trend for the sixth Monday are _____ and_____ , respectively.
PST
Depending on the context, this could stand for Pacific Standard Time, which is the time zone observed on the west coast of the United States, or Provincial Sales Tax, a tax imposed by some Canadian provinces.
GST
Goods and Services Tax; a value-added tax levied on most goods and services sold for domestic consumption.
Mill Rate
A property tax rate expressed in tenths of a cent, applying to the assessed value of property.
Property Taxes
Taxes paid by property owners, typically annually, based on the assessed value of their property and the tax rate of the local government.
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