1. Question Table 1.8 Revenues of the Past Five Years Year 1 3 4 Revenues ($) 10 12 15 13 16 Table 1.8 shows the time-series data of certain revenues. 1. Use SMA, with an average of three years, to forecast the revenue in Year 6. 2. Use EXS, with a = 0.8, to forecast the revenue in Year 6. 3. Use TMA, with consideration of three increments, to forecast the revenue in Year 6.

Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter10: Sequences, Series, And Probability
Section10.2: Arithmetic Sequences
Problem 67E
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1. Question
Table 1.8
Revenues of the Past Five Years
Year
1
2
3
4
Revenues ($)
10
12
15
13
16
Table 1.8 shows the time-series data of certain revenues.
1. Use SMA, with an average of three years, to forecast the revenue in Year 6.
2. Use EXS, with a = 0.8, to forecast the revenue in Year 6.
3. Use TMA, with consideration of three increments, to forecast the revenue in Year 6.
Transcribed Image Text:1. Question Table 1.8 Revenues of the Past Five Years Year 1 2 3 4 Revenues ($) 10 12 15 13 16 Table 1.8 shows the time-series data of certain revenues. 1. Use SMA, with an average of three years, to forecast the revenue in Year 6. 2. Use EXS, with a = 0.8, to forecast the revenue in Year 6. 3. Use TMA, with consideration of three increments, to forecast the revenue in Year 6.
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