The Business Analyst for Video Sales, Inc What Is the Forecast for This Year Using a Three-Year

The business analyst for Video Sales, Inc. wants to forecast this year's demand for DVD decoders based on the following historical data: $$\begin{array} { | l | c | } \hline \text { Year } & \text { Enrollments } \\\hline \text { 5 Years ago } & 900 \\\hline \text { 4 Years ago } & 700 \\\hline \text { 3 Years ago } & 600 \\\hline 2 \text { Years ago } & 500 \\\hline \text { Last Year } & 300 \\\hline\end{array}$$
What is the forecast for this year using a three-year weighted moving average with weights of .5, .3, and .2?

A)  163
B)  180
C)  300
D)  420
E)  510

Correct Answer:

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