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Year Automobile Sales Year Automobile Sales 1990 116 1977 119 1991 105 1998 34 1992 29 1999 34 1993 59 2000 48 1994 108 2001
Year | Automobile Sales | Year | Automobile Sales |
1990 | 116 | 1977 | 119 |
1991 | 105 | 1998 | 34 |
1992 | 29 | 1999 | 34 |
1993 | 59 | 2000 | 48 |
1994 | 108 | 2001 | 53 |
1995 | 94 | 2002 | 65 |
1996 | 27 | 2003 | 111 |
(a) Develop a 3-year moving average to forecast sales for year 1995. (b) Develop a 4-year moving average to forecast sales for year 2002. (c) Develop a 3-year weighted moving average of (3, 2, 1) to forecast sales for year 1995. (d) Develop a 4-year weighted moving average of (3, 2, 1, 1) to forecast sales for year 2002.
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