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

Question 117

Multiple Choice

A concert promoter is forecasting this year's attendance for one of his concerts based on the following historical data:  Year  Attendance  Four Years ago 10,000 Three Years ago 12,000 Two Years ago 18,000 Last Year 20,000\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 the least squares trend line for these data?


A)  20,000
B)  21,000
C)  22,000
D)  23,000
E)  24,000

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