Sales of a particular product for the years 2017 through 2020 have been 365, 506, 449 and 419 respectively. What sales would you predict for 2021 using a weighted moving average with weights of 0.45 for the immediate preceding year and 0.3, 0.15 and 0.1 for the three years before that?
Sales of a particular product for the years 2017 through 2020 have been 365, 506, 449 and 419 respectively. What sales would you predict for 2021 using a weighted moving average with weights of 0.45 for the immediate preceding year and 0.3, 0.15 and 0.1 for the three years before that?
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter4: Equations Of Linear Functions
Section4.5: Correlation And Causation
Problem 2CYU
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Sales of a particular product for the years 2017 through 2020 have been 365, 506, 449 and 419 respectively.
What sales would you predict for 2021 using a weighted moving average with weights of 0.45 for the immediate preceding year and 0.3, 0.15 and 0.1 for the three years before that?
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