The All American Toy Company has records for quarterly sales for the past 4 years. These data are shown as follows: Given these data, develop a forecast for quarter 17 using a double exponential smoothing model with alpha = 0.20, beta = 0.30 and starting values for C and T based on the linear trend regression model for periods 1-16.

Question

The All American Toy Company has records for quarterly sales for the past 4 years. These data are shown as follows:  Given these data, develop a forecast for quarter 17 using a double exponential smoothing model with alpha = 0.20, beta = 0.30 and starting values for C and T based on the linear trend regression model for periods 1-16.

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The Answer of The All American Toy Company has records for quarterly sales for the past 4 years. These data are shown as follows:  Given these data, develop a forecast for quarter 17 using a double exponential smoothing model with alpha = 0.20, beta = 0.30 and starting values for C and T based on the linear trend regression model for periods 1-16.

The All American Toy Company Has Records for Quarterly Sales