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.

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Definitions:

Extrasensory Perception

The supposed ability to gain information without the use of the known senses or through physical interaction.

Events

Occurrences or happenings that are distinctive and can be identified in time and space.

Vestibular Sense

The sensory system that provides the leading contribution to balance and spatial orientation for the purpose of coordinating movement with balance.

Inner Ear

The innermost part of the ear, containing the cochlea, vestibular system, and associated structures, essential for hearing and balance.