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

Multiple Choice

A concert promoter is forecasting this year's attendance for one of his concerts based on the following historical data: $$\begin{array} { | l | c | } \hline { \text { Year } } & \text { Attendance } \\\hline \text { Four Years ago } & 10,000 \\\hline \text { Three Years ago } & 12,000 \\\hline \text { Two Years ago } & 18,000 \\\hline \text { Last Year } & 20,000 \\\hline\end{array}$$
What is this year's forecast using a two-year weighted moving average with weights of .7 and .3?

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