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

question 3

Multiple Choice

Use the data given below to answer the following question(s) .
The worldwide sales of cars from 1981-1990 are shown in the table below. Given: α = 0.2, γ = 0.05, and season length = 1. (Hint: Use XLMiner) . $$\begin{array} { | c | c | } \hline \text { Year } & \begin{array} { c } \text { Units sold in } \\\text { thousands }\end{array} \\\hline 1 & 750 \\\hline 2 & 823 \\\hline 3 & 1034 \\\hline 4 & 1945 \\\hline 5 & 1556 \\\hline 6 & 1300 \\\hline 7 & 1346 \\\hline 8 & 1150 \\\hline 9 & 967 \\\hline 10 & 1200 \\\hline\end{array}$$
-If the given time series has no trend and no seasonality, the most appropriate forecasting model to determine the forecast of the time series is the model.

• A) single moving average
• B) Holt-Winters no-trend smoothing
• C) double exponential smoothing
• D) Holt-Winters additive

---

Definitions:

British Pound

The currency of the United Kingdom, commonly used within its borders and globally in financial transactions.

Currency

A system of money in general use in a particular country or region.

S&P E-Mini Futures

Financial contracts that represent a portion of the standard S&P futures contracts, making them accessible to more investors due to their smaller size.

Listed Price

The official price at which a security is traded on a stock exchange.