The Problem:
Use a four period moving average to forecast attendance at the next baseball game (i.e., game 11). Historical records show past attendance at the last 10 games to have been:
2863, 2481, 3239, 3519, 3349, 3637, 3501, 3892, 3732, 3526
Please see attachment
Solution. WE can set up the following table
Prediction
Game 1 …
This solution demonstrates how to forecast attendance at a baseball game using a four period moving average.