THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION

question 6

Multiple Choice

THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION:
The table below shows the quarterly sales of Dragon Ball Z action figures in a toy store.The forecaster uses the double exponential smoothing model to determine the forecast for future periods.
Given: α = 0.7 and β = 0.3

-Calculate the sales forecast (in 000's) for the 4^th quarter of year 9.

• A)approximately 160 units
• B)approximately 170 units
• C)approximately 150 units
• D)approximately 140 units

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Definitions:

Pilot Study

A small-scale research study conducted to test the feasibility, time, cost, risk, and adverse events involved in a larger study.

Follow-Up Study

Research conducted after a preliminary study to verify or elaborate on the initial findings, often at a later time.

Social Scientists

Researchers who study human society and social relationships through various methods of empirical investigation and critical analysis.

Measured Objectively

The process of observing and recording information in a way that minimizes bias and subjectivity, aiming for neutrality and accuracy.