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

question 22

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, γ = 0.05, and season length = 1. (Hint: Use XLMiner) . $$\begin{array} { | c | c | } \hline \text { Year } & \begin{array} { c } \text { Units sold in } \\\text { thousands }\end{array} \\\hline 1 & 750 \\\hline 2 & 823 \\\hline 3 & 1034 \\\hline 4 & 1945 \\\hline 5 & 1556 \\\hline 6 & 1300 \\\hline 7 & 1346 \\\hline 8 & 1150 \\\hline 9 & 967 \\\hline 10 & 1200 \\\hline\end{array}$$
-Determine the value of the mean absolute deviation using the Holt-Winters no-trend model for the given data.

• A) 367.35
• B) 18.39
• C) 21.70
• D) 252.55

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Definitions:

Extreme Opening Offer

An initial negotiation position that is highly ambitious or far from what is ultimately desired, used as a strategy to shift the bargaining range.

Commitment

The state or quality of being dedicated to a cause, activity, or goal, often demonstrated through persistence and effort.

Screen a Position

The act of reviewing or evaluating a stance or viewpoint critically before further consideration.

Resistance Point

The threshold or limit beyond which a person is unwilling to go in a negotiation or discussion.