Question
16) The business analyst for Video Sales, Inc. wants to forecast this year's demand for DVD decoders based on the following historical data: Year Enrollments
16) The business analyst for Video Sales, Inc. wants to forecast this year's demand for DVD decoders based on the following historical data:
Year | Enrollments |
5 Years ago | 900 |
4 Years ago | 700 |
3 Years ago | 600 |
2 Years ago | 500 |
Last Year | 300 |
What is the forecast for this year using exponential smoothing with alpha = 0.4, if the forecast for two years ago was 750?
A) 510
B) 180
C) 163
D) 300
E) 420
14) A concert promoter is forecasting this year's attendance for one of his concerts based on the following historical data:
Year | Attendance |
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 a two-year weighted moving average with weights of 0.7 and 0.3?
A) 18,600
B) 19,000
C) 11,400
D) 10,600
E) 19,400
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