Consider the Following to Answer the Question(s) Below

question 15

Multiple Choice

Consider the following to answer the question(s) below:
The quarterly sales of all types of bicycles sold at a small sporting goods store in Charlottetown for the 16 quarters from January 2005 to December 2008 are depicted in the time series graph below.
-A time series is shown below. Perform single exponential smoothing for this data set using α = 0.2. What is the value of the forecast for period 6?

• A) 31.5
• B) 33.2
• C) 36
• D) 40
• E) 30.4