Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

In 2021 9500 thousand females were enrolled in U.S. colleges as undergraduates. The forecast for 2021 was 9700 thousand females. Using alpha equal to 0.45,

image text in transcribed

image text in transcribed
In 2021 9500 thousand females were enrolled in U.S. colleges as undergraduates. The forecast for 2021 was 9700 thousand females. Using alpha equal to 0.45, calculate the forecast for the number of females enrolled in U.S. colleges as undergraduates in 2022 (in thousands). Round your answer to the nearest integer. new forecast = old forecast + alpha(actual value - old forecast)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Elementary Point-Set Topology A Transition To Advanced Mathematics

Authors: Andre L Yandl, Adam Bowers

1st Edition

0486811018, 9780486811017

More Books

Students also viewed these Mathematics questions