Question: Data collected on the yearly registrations for a Six Sigma seminar at the Quality College are shown in the following table: Year Registrations (000) 5
Data collected on the yearly registrations for a Six Sigma seminar at the Quality College are shown in the following table:
Year
Registrations (000)
5 0
7.0
4.0
5.0
5
9.0
6
8.0
7
6.0
8
g
10
11
100 11 0 10 0 170
This exercise contains onlv 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
Forecast
4
5 3
5
5.3
73
8
7.6
10
8
11
11.6
19
14
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 decimal place):
Year
Forecast
10
Data collectod on the yearfy registrations for a Six Sigma seminar at the Quality College are shown in the following table
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