SCENARIO 16-4 the Number of Cases of Merlot Wine Sold by a by a Paso

question 163

Multiple Choice

SCENARIO 16-4
The number of cases of merlot wine sold by a Paso Robles winery in an 8-year period follows.
-Referring to Scenario 16-3,suppose the last two smoothed values are 81 and 96 (Note: they are not) .What would you forecast as the value of the time series for July?

• A)81
• B)86
• C)91
• D)96

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