The Following Sales Data Are Available for 2003-2008 Determine a 4-Year Moving Average Forecast for 2008 and 2009

question 72

Short Answer

The following sales data are available for 2003-2008: $$\begin{array} { c c } \text { Year } & \text { Sales } \\\hline 2003 & 7 \\2004 & 12 \\2005 & 14 \\2006 & 20 \\2007 & 16 \\2008 & 25 \\\hline\end{array}$$
Determine a 4-year moving average forecast for 2008 and 2009.

---

Definitions:

Foreign Manufacturer

A company that produces goods in a country other than where the goods are sold or used.

Euro

The official currency of the eurozone, which is used by many of the European Union's member states.

U.S. Dollars

The official currency of the United States, commonly abbreviated as USD.

Netherlands Guilders

The former currency of the Netherlands before the adoption of the euro, historically used in various Dutch territories.