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:

Manipulative

Characterized by unscrupulous control or influence over a person or situation for one's own advantage.

Equal

Having the same rights, status, and opportunities as another or others, without discrimination or difference in treatment.

Word Picture

Short statement or story that illustrates or describes an emotion; word pictures often use a simile (a comparison using the word like or as) to clarify an image.

Onomatopoetic Image

A visual representation that mimics the sound of the object or action it depicts, invoking auditory associations.