Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

the president of State University wants to forecast student enrollments for this academic year based on the same historical data: Year Enrollment 5 years ago

the president of State University wants to forecast student enrollments for this academic year based on the same historical data:
Year Enrollment
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 a four-year simple moving average?
Question 6 options:
18,750
19,500
21,000
22,000
22,800

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Management And The Arts

Authors: William J. Byrnes

5th Edition

0415663296, 978-0415663298

More Books

Students also viewed these General Management questions