Use the data given below to answer the following question(s).
The table below shows the sales of a gaming console for the first 6 months of the year 2011.
The forecaster uses the weighted average model to determine the forecasts.He assumes a 40% weight for the most recent reading,30% weight for the second most recent reading,20% for the third most recent reading,and 10% for the fourth most recent reading.
-For the data given above,the number of forecast values is ________.
A)2
B)3
C)4

Question

Use the data given below to answer the following question(s).
The table below shows the sales of a gaming console for the first 6 months of the year 2011.
The forecaster uses the weighted average model to determine the forecasts.He assumes a 40% weight for the most recent reading,30% weight for the second most recent reading,20% for the third most recent reading,and 10% for the fourth most recent reading. 
-For the data given above,the number of forecast values is ________.
A)2 
B)3 
C)4

Quizplus · Accepted Answer

The number of forecast values is 2 because the data given above has 2 values that are not actual values.

Use the Data Given Below to Answer the Following Question(s)