(e) Make a forecast for 2016 using a method of your choice (including a judgment forecast)....
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(e) Make a forecast for 2016 using a method of your choice (including a judgment forecast). Justify your method. (Round your answer to the nearest whole number.) The two year moving average forecast for 2016 is U.S. Manufactured General Aviation Shipments, 1984-2016 Year Planes Year Planes Year Planes Year Planes 4,103 3,921 1984 3,718 3,316 2,782 1992 2,228 2,251 2,215 2,364 2,402 2,836 2000 2008 4,366 2001 2009 2,872 2,621 2,610 2,803 2,902 1985 1993 2002 3,494 3,424 3,642 4,144 1986 1994 2010 2,372 2,499 1987 1995 2003 2011 1988 1996 2004 2012 1989 2,822 2,431 1997 2005 2013 1990 3,487 3,791 1998 2006 4,434 2014 2,918 2,879 1991 2,308 1999 2007 4,566 2015 (e) Make a forecast for 2016 using a method of your choice (including a judgment forecast). Justify your method. (Round your answer to the nearest whole number.) The two year moving average forecast for 2016 is U.S. Manufactured General Aviation Shipments, 1984-2016 Year Planes Year Planes Year Planes Year Planes 4,103 3,921 1984 3,718 3,316 2,782 1992 2,228 2,251 2,215 2,364 2,402 2,836 2000 2008 4,366 2001 2009 2,872 2,621 2,610 2,803 2,902 1985 1993 2002 3,494 3,424 3,642 4,144 1986 1994 2010 2,372 2,499 1987 1995 2003 2011 1988 1996 2004 2012 1989 2,822 2,431 1997 2005 2013 1990 3,487 3,791 1998 2006 4,434 2014 2,918 2,879 1991 2,308 1999 2007 4,566 2015
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Elementary Statistics A step by step approach
ISBN: 978-0073386102
8th edition
Authors: Allan Bluman
Posted Date:
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