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The president of State University wants to forecast student enrollment for this academic year based on the following historical data: Year Enrollments 5 years ago

The president of State University wants to forecast student enrollment for this academic year based on the following historical data:
Year Enrollments
5 years ago 15,000
4 years ago 16,000
3 years ago 18,000
2 years ago 20,000
Last year 21,000
What is the forecast for this year using exponential smoothing with trend if \alpha =0.5 and \beta =0.3? Assume the forecast for last year was 20,000 and the forecast for two years ago was 19,000, and that the trend estimate for last year's forecast was 2,000.

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