What is the last-value forecast for the next period?
A)58
B)62
C)60
D)61
E)None of the above

Name: What is the last-value forecast for the next period? A)58 B)62 C)60 D)61 E)None of the above
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Question

What is the last-value forecast for the next period?
A)58 
B)62 
C)60 
D)61 
E)None of the above

Quizplus · Accepted Answer

The last-value forecast for the next period is the value of the last observation. The last observation in the provided data set is 61, therefore, the last-value forecast for the next period is 61. None of the other choices are correct.

What Is the Last-Value Forecast for the Next Period