Author Question: Sales this year were 120,785, and sales last year were 105,687 . Find the rate of increase. a. 16.8 ... (Read 133 times)

RODY.ELKHALIL · **on:** Jun 24, 2018

Sales this year were 120,785, and sales last year were 105,687 . Find the rate of increase.
a. 16.8

b. 14.3

c. 14.9

d. 15.9

Question 2

In exponential smoothing models, the forecast is based on the level at time t, Lt, which is not observable and can only be estimated.
a. True
b. False
Indicate whether the statement is true or false