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

question 14

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 and γ = 0.05.(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 a trend and seasonality, the most appropriate forecasting model to determine the forecast of the time series is the ________ model.

• A)multiple regression
• B)Holt-Winters no trend smoothing
• C)double exponential smoothing
• D)Holt-Winters multiplicative

---

Definitions:

Cultural Variations

The differences in beliefs, behaviors, and social norms among various cultures, influenced by geographical, historical, and sociopolitical factors.

Implicit Attitude

Unconscious associations and feelings towards people, objects, or concepts that influence one’s thoughts and actions.

Egalitarian

A belief in or promotion of the principle that all people are equal and deserve equal rights and opportunities.

Eye Contact

The act of two individuals looking directly into each other's eyes, which can communicate various feelings or social signals.