Use the data given below to answer the following question(s) .
The worldwide sales of cars from 1981-1990 are shown in the table below. Given: α = 0.2, γ = 0.05, and season length = 1. (Hint: Use XLMiner) .
-If the given time series has no trend and no seasonality, the most appropriate forecasting model to determine the forecast of the time series is the model.
A) single moving average
B) Holt-Winters no-trend smoothing
C) double exponential smoothing
D) Holt-Winters additive
Correct Answer:
Verified
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