Question
Quantitative Aptitude Question on Average
Car sales in four consecutive months are given as 70, 68, 82, 95. Exponentially smoothing average method with a smoothing factor of 0.4 is used in forecasting. The expected no. of forecasted car sales in the next month is
A
74
B
84
C
94
D
106
Answer
74
Explanation
Solution
The correct option is (A): 74