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Instruction 14-2
the Following Table Contains the Number of Complaints

question 58

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Instruction 14-2
The following table contains the number of complaints received in a department store for the first 6 months of last year.
 Month  Complaints  January 36 February 45 March 81 April 90 May 108 June 144\begin{array} { l l } \text { Month } & \text { Complaints } \\\hline\text { January } & 36 \\\text { February } & 45 \\\text { March } & 81 \\\text { April } & 90 \\\text { May } & 108 \\\text { June } & 144\end{array}
-Referring to Instruction 14-2,if this series is smoothed using exponential smoothing with a smoothing constant of 1/3,how many values would it have?


Definitions:

Revaluation Surplus

The increase in value of an asset, reflected in the company's financial statements, from re-assessing its carrying value to a higher current market value.

Treasury Stock

Shares that were issued and then repurchased by the issuing company, reducing the amount of outstanding stock on the open market.

Classification

The systematic arrangement of business transactions and accounts in categories or groups based on similar characteristics for financial reporting and analysis.

Distribution

The process of making a product or service available for the consumer or business user that needs it.

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