TABLE 16-6
The number of cases of merlot wine sold by a Paso Robles winery in an 8-year period follows.
$\begin{array} { c c } \underline{ \text { Year } }&\underline{\text { Cases of Wine }} \\{ 1991 } & 270 \\1992 & 356 \\1993 & 398 \\1994 & 456 \\1995 & 358 \\1996 & 500 \\1997 & 410 \\1998 & 376\end{array}$

-Referring to Table 16-6, exponential smoothing with a weight or smoothing constant of 0.2 will be used to smooth the wine sales. The value of E₄, the smoothed value for 1994 is____

Question

TABLE 16-6
The number of cases of merlot wine sold by a Paso Robles winery in an 8-year period follows.

\begin{array} { c c } \underline{ \text { Year } }&\underline{\text { Cases of Wine }} \\{ 1991 } & 270 \\1992 & 356 \\1993 & 398 \\1994 & 456 \\1995 & 358 \\1996 & 500 \\1997 & 410 \\1998 & 376\end{array}

-Referring to Table 16-6, exponential smoothing with a weight or smoothing constant of 0.2 will be used to smooth the wine sales. The value of E₄, the smoothed value for 1994 is____

Quizplus · Accepted Answer

The Answer of TABLE 16-6 The number of cases of merlot wine sold by a Paso Robles winery in an 8-year period follows. $$\begin{array} { c c } \underline{ \text { Year } }&\underline{\text { Cases of Wine }} \ { 1991 } & 270 \ 1992 & 356 \ 1993 & 398 \ 1994 & 456 \ 1995 & 358 \ 1996 & 500 \ 1997 & 410 \ 1998 & 376 \end{array}$$ -Referring to Table 16-6, exponential smoothing with a weight or smoothing constant of 0.2 will be used to smooth the wine sales. The value of E₄, the smoothed value for 1994 is____

TABLE 16-6 the Number of Cases of Merlot Wine Sold

TABLE 16-6
the Number of Cases of Merlot Wine Sold