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Data collected on the yearly registrations for a Six Sigma seminar at the Quality College are shown in the following table: Year Registrations (000) Year
Data collected on the yearly registrations for a Six Sigma seminar at the Quality College are shown in the following table: Year Registrations (000) Year Forecast 1 3.0. Year Forecast 4 2 3 7.0 3.0 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): 8 9 4 5 6 5 4 5 4.0 11.0 6 7 6 8.0 7 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): 8 7 8.0 9 10 8 9.0 9 10 11 11.0 16.0 15.0 10 11 12 11 12
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