Question: B. Using a 3-year weighted moving average in which the registrations in the most recent year are given a weight of 2, and registrations in
B. Using a 3-year weighted moving average in which the registrations in the most recent year are given a weight of 2, and registrations in the other 2 years are each given a weight of 1, the forecasted registrations (in thousands) for years 4 through 12 are (round your responses to one decimalplace):
Data collected on the yearly registrations for a Six Sigma seminar at the Quality College are shown in the following table: Year 1 2 3 4 6. 7 8 9. 10 11 Registrations (000) 4.0 7.0 3.0 5.0 10.0 9.0 8.0 10.0 13.0 16.0 17.0 This exercise contains only parts a and b. a) Using a 3-year moving average, the forecasted registrations (in thousands) for years 4 through 12 are (round your responses to one decimal place): Year 4 6. 7 8. 9 10 11 12 Forecast
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