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

question 12

Multiple Choice

Use the data given below to answer the following question(s) .
The table below provides the sales data for JD Inc.for the year 1998.Given: α = 0.2, β = 0.15, and γ = 0.05 (Hint: Classify the data into quarters for the following question(s) .)
$\begin{array}{l}\text { Umbrella Sales of JD Inc. }\\\begin{array}{|c|c|c|}\hline \text { Year } & \text { Month } & \text { Units } \\\hline 1 & \text { Jan } & 3980 \\\hline 1 & \text { Feb } & 4000 \\\hline 1 & \text { Mar } & 4740 \\\hline 1 & \text { April } & 4720 \\\hline 1 & \text { May } & 4920 \\\hline 1 & \text { Jun } & 5140 \\\hline 1 & \text { July } & 4640 \\\hline 1 & \text { Aug } & 4520 \\\hline 1 & \text { Sep } & 4480 \\\hline 1 & \text { Oct } & 4690 \\\hline 1 & \text { Nov } & 4210 \\\hline 1 & \text { Dec } & 4418 \\\hline\end{array}\end{array}$
-Calculate the value of the mean square error using an appropriate Holt-Winters trend model for the given data.

• A)8.10
• B)346.26
• C)148092.89
• D)7.62

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Definitions:

Creditors

Individuals or entities to which money is owed.

Wages

Payments made to employees by employers in exchange for work performed, typically calculated on an hourly or piecework basis.

Trade Instruments

Financial products and contracts used in international and domestic trade to facilitate commercial transactions and manage risk.

Exemption

A legal provision relieving a person or entity from a general requirement, duty, or penalty.