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Instruction 14-9
the Number of Cases of Merlot Wine Sold

question 64

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Instruction 14-9
The number of cases of merlot wine sold by a Barossa Valley Winery in an 8-year period follows.
 Year  Cases of Wine 20032702004356200539820064562007358200850020094102010376\begin{array} { c c } \text { Year }& \text { Cases of Wine } \\2003 & 270 \\2004& 356 \\2005 & 398 \\ 2006& 456 \\2007 & 358 \\2008 & 500 \\ 2009& 410 \\2010&376\\\end{array}
-Referring to Instruction 14-9,the Holt-Winters method for forecasting with smoothing constant of 0.8 for both level and trend will be used to smooth the wine sales.The smoothed values of the level and trend for 2005 are ________ and ________,respectively.


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