Question: Data Set E1 Period Sales Volume 1 10000 2 12400 3 14250 4 15750 5 20500 6 18500 7 15750 8 20500 9 21500 10

Data Set E1

Period

Sales Volume

1

10000

2

12400

3

14250

4

15750

5

20500

6

18500

7

15750

8

20500

9

21500

10

22550

Using Data Set E1, what would be the forecast for period 7 using a four period moving average: (Choose the closest answer.)

a)17625

b)15225

c)15300

d)17250

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