Quarterly demand for Mercedes automobiles in Turkey has been given below. Calculate the MSE of 2-period Weighted Moving Average model assuming wt=0.7, wt-1=0.3. Year 2019 2019 2019 2020 2020 2020 2020 2021 Quarter 2nd 3rd 4th 1st 2nd 3rd 4th 1st Sales 4000 4200 4400 4700 4600 4650 4800 5000 Select one: a. 25185.5 b. 21937.5 c. 27187.5 d. 24937.5

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Exponential Growth Model

The relation that represents an exponential function is: