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 and γ = 0.05.(Hint: Use XLMiner) .
-If the given time series has a trend and seasonality, the most appropriate forecasting model to determine the forecast of the time series is the ________ model.
A) multiple regression
B) Holt-Winters no trend smoothing
C) double exponential smoothing
D) Holt-Winters multiplicative
Correct Answer:
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