The Following Questions Use the Data Below $\le$ Forecast < 70 $\le$

question 25

Multiple Choice

The following questions use the data below.
Honest Al's Used Cars wants to predict how many cars are sold each month. He has collected data for 12 months. He needs your help in analyzing this data using exponential smoothing.
-Refer to Exhibit 11.3. What is the exponential smoothing forecast for month 2?

• A)69.75 \(\le\) forecast < 70.25
• B)73.00 \(\le\)forecast < 73.50
• C)74.75 \(\le\) forecast < 75.25
• D)79.75 \(\le\)forecast < 81.25

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