Exhibit 18-2
Consider the following time series.
-Refer to Exhibit 18-2. The forecast for period 5 is
A)10.0
B)2.5
C)12.5
D)4.5

Name: Exhibit 18-2 Consider the following time series. -Refer to Exhibit 18-2. The forecast for period 5 is A)10.0 B)2.5 C)12.5 D)4.5
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Question

Exhibit 18-2
Consider the following time series. 
-Refer to Exhibit 18-2. The forecast for period 5 is
A)10.0 
B)2.5 
C)12.5 
D)4.5

Quizplus · Accepted Answer

The forecast for period 5 is the average of the values from periods 2-4, which is (10+15+10)/3 = 11.67, rounded to 12. Therefore, choice C is the closest option.

Exhibit 18-2 Consider the Following Time Series