Question
If the multiplicative seasonal index for December 2018 is 1.1 and March 2019 is the last month for which you calculated the update level (L
If the multiplicative seasonal index for December 2018 is 1.1 and March 2019 is the last month for which you calculated the update level (Lt = 96.5) and trend (Tt = 1.5) then what is the December 2019 forecast for the Holt-Winters model with trend and seasonality?
| a | 98 |
| b | 100 |
| c | 105.5 |
| d | 116.05 |
| e | 110 |
| f | 121 |
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Economics of Money Banking and Financial Markets
Authors: Frederic S. Mishkin
12th edition
134733821, 134733827, 9780134734507 , 978-0134733821
