The Classical Consultant Company Provides Forecasting Research for Clients Such

Multiple Choice

The Classical Consultant Company provides forecasting research for clients such as a group of five doctors associated with a new hospital health maintenance program. The company has been asked to forecast the number of patients requesting blood analysis per week. The past weekly average is 38 and for the trend is 2 per week. This week's demand was 42 blood tests. How many patients Will come next week? (Suppose α = 0.10 and β = 0.30.)

A) less than or equal to 39
B) greater than 39 but less than or equal to 41
C) greater than 41 but less than or equal to 43
D) greater than 43