Explain how the amount of your deductible is likely to affect the amount of your premium.

See below

Explanation:

A deductible is an amount you upfront to a health insurance provider before insurance coverage can begin. The insurance company will not pay for health care services before the deductible is paid.

There is an indirect relationship between the amount of deductible paid and the premiums to be paid. When the deductible amount is high, the insurance premiums are low.

If the insurance policy has a low deductible requirement, the insurance premiums will be high.

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a manufacturer of printed circuit boards uses exponential smoothing with trend to forecast monthly demand of its product. at the end of december, the company wishes to forecast sales for january. the estimate of trend through november has been 200 additional boards sold per month. average sales have been around 1000 units per month. the demand for december was 1100 units. the company uses α = 0.20 and β = 0.10. make a forecast including trend for the month of january.