Campus Advising needs to allocate time this week for office appointments, so she needs te forecast the number of students who will seek appointments. The advisor has gathered the following time series data recently: Period Student Appointments 4 weeks ago 95 3 weeks ago 80 2 weeks ago 65 Last week 50 Answer the next two questions (questions 11 and 12), based on this information. What is this week's forecast for student appointments using a three-week moving average? 11. a) 80 b) 50 c) 52
Campus Advising needs to allocate time this week for office appointments, so she needs te forecast the number of students who will seek appointments. The advisor has gathered the following time series data recently: Period Student Appointments 4 weeks ago 95 3 weeks ago 80 2 weeks ago 65 Last week 50 Answer the next two questions (questions 11 and 12), based on this information. What is this week's forecast for student appointments using a three-week moving average? 11. a) 80 b) 50 c) 52
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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