What is this years forecast using the linear trend

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Reference no: EM13225551

The number of plumbing repair jobs performed by Augur's Plumbing Service in each of the last three months is listed below:

Time Period Demand
4 years ago 41
3 years ago 45
2 years ago 49
1 year ago 55

a. What is this year's forecast using a weighted moving average with the weights equal to .5, .3, .2?

b. What is this year's forecast using the linear trend (regression approach)?

 

Reference no: EM13225551

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