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Data collected on the yearly registrations for a Six Sigma seminar at the Quality College are shown in the following? table:
Year 1 2 3 4 5 6 7 8 9 10 11 Registrations? (000) 5.0 6.0 4.0 4.0 11.0 9.0 8.0 10.0 12.0 12.0 15.0 This exercise contains only parts a and b. ?a) Using a? 3-year moving? average, the forecasted registrations? (in thousands) for years 4 through 12 are ?(round your responses to one decimal ?place)?: Year 4 5 6 7 8 9 10 11 12 Forecast 15 14 11 24 28 27 30 34 39 ?b) Using a? 3-year weighted moving average in which the registrations in the most recent year are given a weight of? 2, and registrations in the other 2 years are each given a weight of? 1, the forecasted registrations? (in thousands) for years 4 through 12 are ?(round your responses to one decimal ?place)?: Year 4 5 6 7 8 9 10 11 12 Forecast 29 25 35 52 55 57 64 73 0
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