Instruction 14-3
The number of cases of merlot wine sold by a Barossa Valley Winery in an eight-year period follows.
$\begin{array}{ll}\text { Year } &\text { Coses of }\\& \text { Wine } \\2003 & 270 \\2004 & 356 \\2005 & 398 \\2006 & 456 \\2007 & 358 \\2008 & 500 \\2009 & 410 \\2010 & 376\end{array}$

-Referring to Instruction 14-3,exponential smoothing with a weight or smoothing constant of 0.4 will be used to smooth the wine sales.The value of E₂,the smoothed value for 2004 is _______.

Question

Instruction 14-3
The number of cases of merlot wine sold by a Barossa Valley Winery in an eight-year period follows.

\begin{array}{ll}\text { Year } &\text { Coses of }\\& \text { Wine } \\2003 & 270 \\2004 & 356 \\2005 & 398 \\2006 & 456 \\2007 & 358 \\2008 & 500 \\2009 & 410 \\2010 & 376\end{array}

-Referring to Instruction 14-3,exponential smoothing with a weight or smoothing constant of 0.4 will be used to smooth the wine sales.The value of E₂,the smoothed value for 2004 is _______.

Quizplus · Accepted Answer

The Answer of Instruction 14-3 The number of cases of merlot wine sold by a Barossa Valley Winery in an eight-year period follows. $\begin{array}{ll} \text { Year } &\text { Coses of }\ & \text { Wine } \ 2003 & 270 \ 2004 & 356 \ 2005 & 398 \ 2006 & 456 \ 2007 & 358 \ 2008 & 500 \ 2009 & 410 \ 2010 & 376 \end{array}$ -Referring to Instruction 14-3,exponential smoothing with a weight or smoothing constant of 0.4 will be used to smooth the wine sales.The value of E₂,the smoothed value for 2004 is _______.

Instruction 14-3 the Number of Cases of Merlot Wine Sold

Instruction 14-3
the Number of Cases of Merlot Wine Sold