What sales would you predict-using weighted moving average

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The Bozo sales Company has had sales for the years 2004 through 2007 have been $50,000; 64,000; 67,000 and $80,000 repectively.. A. What sales would you predict for 2008 using weighted moving average with weight of 0.40 for the immediate preceding year and 0.30, 0.20 and 0.10 for the three years before that? B. What sales would you predict for 2008 using a simple four-year moving average? C. Are the answers in A and B the only predictions to use? Why?

Reference no: EM131142721

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