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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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