Multiple Choice
Use the data given below to answer the following question(s) .
The table below shows the car sales from the year 2002-2007.The forecaster assumes a smoothing constant of 0.8 and uses the exponential smoothing model to determine the forecast for the future. 
-From the data given above,what is the forecast-in 000s-for the year 2007?
A) 39.60 units
B) 40.72 units
C) 47.34 units
D) 52.67 units
Correct Answer:
Verified
Correct Answer:
Verified
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