Exhibit 11.3 The Following Questions Use the Data Below

question 114

Multiple Choice

Exhibit 11.3
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. Assume the forecasted value for month 13 is 79.64. What is the forecasted value for month 16?

• A) 85.54.
• B) 83.64.
• C) 79.64.
• D) 82.00.

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Definitions:

Contingencies

Future events or circumstances that are possible but cannot be predicted with certainty.

Disjunction

A logical operation that yields true if at least one of its operands is true, typically expressed through the use of "or" in statements.

Disjuncts

The separate elements or options in a disjunctive proposition, any of which can make the entire proposition true.

Disjunction

A logical operation yielding a true value if at least one of its propositions is true.