Author Question: If sales of 240,590 declined by 13, what were the total sales after the decline? a. 209,313.30 ... (Read 54 times)

londonang · **on:** Jun 24, 2018

If sales of 240,590 declined by 13, what were the total sales after the decline?
a. 209,313.30

b. 203,945.30

c. 204,345.30

d. 206,309.30

Question 2

If we use a value close to 1 for the level smoothing constant and a value close to 0 for the trend smoothing constant in Holt's exponential smoothing model, then we expect the model to respond very quickly to changes in the level, but very slowly to changes in the trend.
a. True
b. False
Indicate whether the statement is true or false