Instruction 14-9
The number of cases of merlot wine sold by a Barossa Valley Winery in an 8-year period follows.
$\begin{array} { c c } \text { Year }& \text { Cases of Wine } \\2003 & 270 \\2004& 356 \\2005 & 398 \\ 2006& 456 \\2007 & 358 \\2008 & 500 \\ 2009& 410 \\2010&376\\\end{array}$
-Referring to Instruction 14-9,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 14-9
The number of cases of merlot wine sold by a Barossa Valley Winery in an 8-year period follows.

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

-Referring to Instruction 14-9,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 14-9 The number of cases of merlot wine sold by a Barossa Valley Winery in an 8-year period follows. $$\begin{array} { c c } \text { Year }& \text { Cases of Wine } \ 2003 & 270 \ 2004& 356 \ 2005 & 398 \ 2006& 456 \ 2007 & 358 \ 2008 & 500 \ 2009& 410 \ 2010&376\ \end{array}$$ -Referring to Instruction 14-9,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 14-9 the Number of Cases of Merlot Wine Sold

Instruction 14-9
the Number of Cases of Merlot Wine Sold