TABLE 16-3 the Following Table Contains the Number of Complaints Received in Received

question 6

Multiple Choice

TABLE 16-3
The following table contains the number of complaints received in a department store for the first 6 months of last year.

-Referring to Table 16-3, if this series is smoothed using exponential smoothing with a smoothing constant of 1/3, what would be the third value?

• A) 53
• B) 65.33
• C) 68
• D) 81

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Definitions:

Mean Fat Content

The average amount of fat present in a given food item or set of food items.

Confidence Interval

A span of values calculated from the statistics of a sample, which is anticipated to enclose the value of a not yet identified population parameter.

Margin of Error

A numerical value that indicates the extent of variability due to chance in the findings of a poll.

First Word

The very initial word in a sentence, document, statement, or a segment of text.