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The dean of a school of business is forecasting total student enrollment for this year's summer session classes based on the following historical data: Year
The dean of a school of business is forecasting total student enrollment for this year's summer session classes based on the following historical data:
Year | Enrollment |
Four years ago | 2,000 |
Three years ago | 2,200 |
Two years ago | 2,800 |
Last year | 3,000 |
What is this year's forecast using the linear trend line for these data?
(Hint: Treat the value from four years ago as period 0, three years ago as period 1, etc.)
3,300 | ||
3,500 | ||
3,600 | ||
3,400 | ||
3,200 |
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