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A Concert Promoter Is Forecasting This Year's Attendance for One

Question 133

Multiple Choice

A concert promoter is forecasting this year's attendance for one of his concerts based on the following historical data:
A concert promoter is forecasting this year's attendance for one of his concerts based on the following historical data: What is this year's forecast using the naive approach? A) 22,000 B) 20,000 C) 18,000 D) 15,000 E) 12,000
What is this year's forecast using the naive approach?


A) 22,000
B) 20,000
C) 18,000
D) 15,000
E) 12,000

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