Question
. Suppose the following data shows the enrollment for College for the last 6 years (2015 to 2020). Year 1 2 3 4 5 6
.
Suppose the following data shows the enrollment for College for the last 6 years (2015 to
2020).
Year
1
2
3
4
5
6
Enrollment
700
740
680
800
840
890
a.
Develop a three-year moving average for this time series. Compute MSE and a forecasted
enrollment for 2021.
b.
Using a weight of 1/2 for the most recent observation, 1/3 for the second most recent, and
1/6 for third most recent, compute estimated enrollment for 2021 using three year
weighted moving average.
c.
What is the estimated enrollment for 2021 if you use simple linear regression analysis?
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