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

question 40

Multiple Choice

Use the data given below to answer the following question(s) .
The table provided below gives the sales details of the number of android smart phones at an electronic retail store for the past 6 weeks.The time series appears to be relatively stable, without trend, seasonal, or cyclical effects.The value of k is set at 3.(Hint: Optimize α value.)
$\begin{array}{|c|c|}\hline \text { Week } & \text { Units sold } \\\hline 1 & 88 \\\hline 2 & 44 \\\hline 3 & 54 \\\hline 4 & 65 \\\hline 5 & 72 \\\hline 6 & 85 \\\hline\end{array}$
-What is the forecasted value for the 3ʳᵈ week?

• A)53 phones
• B)64 phones
• C)71 phones
• D)49 phones

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Definitions:

Dividend

A portion of a company's earnings distributed to its shareholders, usually in the form of cash or additional stock.

Partnership Accounting

The process of managing and recording the financial activities, transactions, and interests of partners within a business partnership.

Drawing Account

An account that tracks the money or goods withdrawn from a business by its owners for personal use.

Capital Account

A financial statement that shows the changes in ownership interest of a company over a period.