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

question 25

Multiple Choice

Use the data given below to answer the following question(s) .
The table provided below gives the sales details of the number of android smart phones at an electronic retail store for the past 6 weeks. The time series appears to be relatively stable, without trend, seasonal, or cyclical effects. (Hint: Optimize α value in 0.1 increments) $$\begin{array} { | c | c | } \hline \text { Week } & \text { Units sold } \\\hline 1 & 88 \\\hline 2 & 44 \\\hline 3 & 54 \\\hline 4 & 65 \\\hline 5 & 72 \\\hline 6 & 85 \\\hline\end{array}$$
-In the linear trend equation, Ft+k = at + btk, at is known as the .

• A) level
• B) trend
• C) slope
• D) forecast

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Definitions:

Accounts Payable

Accounts Payable are amounts a company owes to suppliers or creditors for goods and services received but not yet paid for.