Question
Professor Very Busy needs to allocate time next week to include time for office hours. He needs to forecast the number of students who
Professor Very Busy needs to allocate time next week to include time for office hours. He needs to forecast the number of students who will seek appointments. He has gathered the following data: Week #Students 6 weeks ago 83 5 weeks ago 110 4 weeks ago 95 3 weeks ago 80 2 weeks ago Last week 65 50 Assuming weight (0.5, 0,4, 0.1) is used for a three-week weighted moving average, what is the predicted number of students for next week?
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Intermediate Financial Management
Authors: Eugene F. Brigham, Phillip R. Daves
13th Edition
1337395080, 9781337395083
