Sales this year were 120,785, and sales last year were 105,687 . ...

[RODY.ELKHALIL]

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

[HandsomeMarc]

Answer to Question 1

b

Answer to Question 2

TRUE

[RODY.ELKHALIL]

Thanks for the timely response, appreciate it

[xiaomengxian]

TYSM