Exhibit 11.20 The Following Questions Use the Data Below

question 30

Essay

Exhibit 11.20
The following questions use the data below.
A store wants to predict quarterly sales. The owner has collected 3 years of sales data and wants your help in analyzing the data using Holt's method.
-Refer to Exhibit 11.20. What formulas should go in cells E3:G16 of the spreadsheet if Holt's method is used to forecast sales?

---

Definitions:

Savings Accounts

Accounts with funds that usually cannot be withdrawn without advance notice; also known as time deposits.