Question: An operation analyst is forecasting this year's demand for one of his company's products based on the following historical data: YEAR QUANTITY SOLD Four years

An operation analyst is forecasting this year's demand for one of his company's products based on the following historical data:
YEAR QUANTITY SOLD
Four years ago 10,000
Three years ago 12,000
Two years ago 18,000
Last year 20,000
What is this year's forecast using the least squares trend line for these data?
Multiple Choice
20,000
21,000
23,000
24,000
22,000

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