Solved

The Last 6 Years of Sales Are Provided in the Table

Question 67

Multiple Choice

The last 6 years of sales are provided in the table below. Compute the 5-year moving average for 2019.
 Year 20142015201620172018 Sales 810111012\begin{array} { | l | l | l | l | l | l | } \hline \text { Year } & 2014 & 2015 & 2016 & 2017 & 2018 \\\hline \text { Sales } & 8 & 10 & 11 & 10 & 12 \\\hline\end{array}


A) 10
B) 10.2
C) 11
D) 11.2

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q62: Barometric methods are used to forecast<br>A) seasonal

Q63: Regression analysis was used to estimate the

Q64: The interdependence among sectors and industries in

Q65: The root-mean-square error is a measure of<br>A)

Q66: Over a period of five years, a

Q68: The constant percentage growth rate model cannot

Q69: Naive forecasting methods include time-series analysis and

Q70: All of the below are polling techniques

Q71: Barometric methods are often used to forecast

Q72: If regression analysis is used to estimate