U.S. Manufactured General Aviation Shipments, 1984-2015 Year Planes Year Planes Year Planes Year Planes 1984 3,289 1992 1799 2000 3,674 2008 3,937 1985 2,887 1993 1822 2001 3,492 2009 2,443 1986 2,353 1994 1786 2002 3,065 2010 2,192 1987 1,943 1995 1,935 2003 2,995 2011 2,181 1988 2,070 1996 1,973 2004 3,213 2012 2,374 1989 2,393 1997 2,407 2005 3,715 2013 2,473 1990 2,002 1998 3,058 2006 4,005 2014 2,489 1991 1,879 1999 3,362 2007 4,137 2015 2,450 (e) Make a forecast for 2016 using a method of your choice (including a judgment forecast). Justify your method. (Round your answer to the nearest whole number.) The two year moving average forecast for 2016 is .
U.S. Manufactured General Aviation Shipments, 1984-2015 Year Planes Year Planes Year Planes Year Planes 1984 3,289 1992 1799 2000 3,674 2008 3,937 1985 2,887 1993 1822 2001 3,492 2009 2,443 1986 2,353 1994 1786 2002 3,065 2010 2,192 1987 1,943 1995 1,935 2003 2,995 2011 2,181 1988 2,070 1996 1,973 2004 3,213 2012 2,374 1989 2,393 1997 2,407 2005 3,715 2013 2,473 1990 2,002 1998 3,058 2006 4,005 2014 2,489 1991 1,879 1999 3,362 2007 4,137 2015 2,450 (e) Make a forecast for 2016 using a method of your choice (including a judgment forecast). Justify your method. (Round your answer to the nearest whole number.) The two year moving average forecast for 2016 is .
Chapter8: Sequences, Series,and Probability
Section: Chapter Questions
Problem 16T
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U.S. Manufactured General Aviation Shipments, 1984-2015 | |||||||
Year | Planes | Year | Planes | Year | Planes | Year | Planes |
1984 | 3,289 | 1992 | 1799 | 2000 | 3,674 | 2008 | 3,937 |
1985 | 2,887 | 1993 | 1822 | 2001 | 3,492 | 2009 | 2,443 |
1986 | 2,353 | 1994 | 1786 | 2002 | 3,065 | 2010 | 2,192 |
1987 | 1,943 | 1995 | 1,935 | 2003 | 2,995 | 2011 | 2,181 |
1988 | 2,070 | 1996 | 1,973 | 2004 | 3,213 | 2012 | 2,374 |
1989 | 2,393 | 1997 | 2,407 | 2005 | 3,715 | 2013 | 2,473 |
1990 | 2,002 | 1998 | 3,058 | 2006 | 4,005 | 2014 | 2,489 |
1991 | 1,879 | 1999 | 3,362 | 2007 | 4,137 | 2015 | 2,450 |
(e) Make a forecast for 2016 using a method of your choice (including a judgment forecast). Justify your method. (Round your answer to the nearest whole number.)
The two year moving average forecast for 2016 is .
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