Suppose that the College of Business and Entrepreneurial Technology had the following record of its growth of enrolment from 2015 to 2022. 2. Forecast the 2023 enrolment using exponential smoothing forecast if alpha was 0.6 and the previous forecast for 2022 was 5,500.

Suppose that the College of Business and Entrepreneurial Technology had the following record of its growth of enrolment from 2015 to 2022. 2. Forecast the 2023 enrolment using exponential smoothing forecast if alpha was 0.6 and the previous forecast for 2022 was 5,500.

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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Question

Suppose that the College of Business and Entrepreneurial Technology had the following record of its growth of enrolment from 2015 to 2022.

2. Forecast the 2023 enrolment using exponential smoothing forecast if alpha was 0.6 and the previous forecast for 2022 was 5,500.

*** Need as soon as possible pls. Thanks.

Year
2015
2016
2017
2018
Enrolment
1,200
1,500
2,000
2,500
Year
2019
2020
2021
2022
Enrolment
3,000
5,800
6,000
7,000

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