Instruction 14-10 the Number of Train Passengers Arriving in Adelaide on the on the Overland

question 129

Short Answer

Instruction 14-10
The number of train passengers arriving in Adelaide on the Overland on 6 successive Mondays were: 60,72,96,84,36,and 48.
-Referring to Instruction 14-10,the Holt-Winters method for forecasting with smoothing constant of 0.3 for both level and trend will be used to forecast the number of arrivals.The forecast for the seventh Monday is ________.

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Definitions:

Operating Lease

A lease agreement that does not transfer the risks and rewards of ownership, treated as a rental expense in the lessee's income statement.

Direct Financing Lease

A type of lease where the lessor records the present value of lease payments as a receivable, effectively transferring all risks and rewards of ownership.

Direct Financing Lease

A lease arrangement in which the lessor purchases an asset for the lessee and earns interest income over the lease term while the lessee uses the asset.