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The Dean of a faculty wants to forecast student enrolments for this academic year based on the following historical data: (5 years ago enrolment was
The Dean of a faculty wants to forecast student enrolments for this academic year based on the following historical data: (5 years ago enrolment was 10114 ), (4 years ago enrolment was 14976), (3 years ago enrolment was 15186 ), (2 years ago enrolment was 16653 ) and in the last year enrolment was 20100. What is the forecast for this year using exponential smoothing with alpha=0.79000002, if the forecast for two years ago was :17579 O a. 18132.215 O b. 19376.131 O c. 19416.967 O d. 16847.461
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