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A Concert Promoter Is Forecasting This Year's Attendance for One

Question 42

Multiple Choice

A concert promoter is forecasting this year's attendance for one of his concerts based on the following historical data:
A concert promoter is forecasting this year's attendance for one of his concerts based on the following historical data: What is this year's forecast using a two-year weighted moving average with weights of 0.7 and 0.3? A) 19,400 B) 18,600 C) 19,000 D) 11,400 E) 10,600
What is this year's forecast using a two-year weighted moving average with weights of 0.7 and 0.3?


A) 19,400
B) 18,600
C) 19,000
D) 11,400
E) 10,600

Correct Answer:

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