The number of cases of merlot wine sold by a paso robles, Ask an Expert

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The number of cases of merlot wine sold by a Paso Robles winery in an 8-year period follows:

Year Cases of Wine

1991 270

1992 365

1993 389

1994 456

1995 358

1996 500

1997 410

1998 376

Referring to the Table above, the Holt-Winters method for forecasting with smoothing constant of 0.2 for both level and trend will be used to smooth the wine sales. The smoothed values of the level and trend for 1993 are _________ and ________, respectively.

a. 356 and 86

b. 406.8 and 57.84

c. 398 and 61.25

d. 374.8 and 76.5

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