Instruction 14-19 the Number of Train Passengers Arriving in Adelaide on the on the Overland

question 63

Essay

Instruction 14-19
The number of train passengers arriving in Adelaide on the Overland on six successive Mondays were: 60, 72, 96, 84, 36 and 48.
-Referring to Instruction 14-14,use the Holt-Winters method of fitting wine sales to compute the smoothed level and trend with a smoothing constant of 0.8 for both level and trend.

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Definitions:

Drawee

The party directed by a drafter (e.g., the issuer of a check) to pay a certain sum of money to the party named in the document.

Dishonored

In relation to financial transactions, it refers to the refusal of payment on a check, note, or bill when presented.

Bill of Exchange

A bill of exchange is a written order used primarily in international trade that binds one party to pay a fixed amount of money to another party at a predetermined date or on demand.