(Situation J) The table lists the number (in millions) of Chevrolet passenger cars sold to dealers in the U.S. and Canada from 1980 to 1985. $$\begin{array} { l l }
\hline \text { Year } & \text { Sales } \
\hline 1980 & 1.740 \
1981 & 1.444 \
1982 & 0.896 \
1983 & 1.289 \
1984 & 1.455 \
1985 & 4.882 \
\hline
\end{array}$$
-Using a smoothing constant of $w = 0.30$ 0.30, calculate the value of the exponentially smoothed series in 1982.
A) 1.150
B) 1.289
C) 1.301
D) 1.425

Question

(Situation J) The table lists the number (in millions) of Chevrolet passenger cars sold to dealers in the U.S. and Canada from 1980 to 1985. $$\begin{array} { l l } 
\hline \text { Year } & \text { Sales } \
\hline 1980 & 1.740 \
1981 & 1.444 \
1982 & 0.896 \
1983 & 1.289 \
1984 & 1.455 \
1985 & 4.882 \
\hline
\end{array}$$
-Using a smoothing constant of $w = 0.30$ 0.30, calculate the value of the exponentially smoothed series in 1982.
A) 1.150
B) 1.289
C) 1.301
D) 1.425

Quizplus · Accepted Answer

The Answer of (Situation J) The table lists the number (in millions) of Chevrolet passenger cars sold to dealers in the U.S. and Canada from 1980 to 1985. $$\begin{array} { l l } 
\hline \text { Year } & \text { Sales } \
\hline 1980 & 1.740 \
1981 & 1.444 \
1982 & 0.896 \
1983 & 1.289 \
1984 & 1.455 \
1985 & 4.882 \
\hline
\end{array}$$
-Using a smoothing constant of $w = 0.30$ 0.30, calculate the value of the exponentially smoothed series in 1982.
A) 1.150
B) 1.289
C) 1.301
D) 1.425

(Situation J) the Table Lists the Number (In Millions) of Chevrolet