The president of State University wants to forecast student enrollment for this academic year based on the following historical data: Tear Enrollments 5 years ago 15,000 16,000 4 years ago 3 years ago |2 years ago 18,000 20,000 Last year 21,000 What is the forecast for this year using exponential smoothing with trend if a= 0.5 and B= 0.3? Assume the forecast for last year was 21,000 and the forecast for two years ago was 19,000, and that the trend estimate for last year's forecast was 1,500. Multiple Choice 21,000 19.500 18,750 22,500 22,800 ооо о с
The president of State University wants to forecast student enrollment for this academic year based on the following historical data: Tear Enrollments 5 years ago 15,000 16,000 4 years ago 3 years ago |2 years ago 18,000 20,000 Last year 21,000 What is the forecast for this year using exponential smoothing with trend if a= 0.5 and B= 0.3? Assume the forecast for last year was 21,000 and the forecast for two years ago was 19,000, and that the trend estimate for last year's forecast was 1,500. Multiple Choice 21,000 19.500 18,750 22,500 22,800 ооо о с
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
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Transcribed Image Text:The president of State University wants to forecast student enrollment for this academic year based on the following historical data:
Тear
Enrollments
5 years ago
15,000
4 years ago
16,000
3 years ago
|2 years ago
18,000
20,000
Last year
21,000
What is the forecast for this vear using exponential smoothing with trend If a= 0.5 and 8= 0.3? Assume the forecast for last vear was 21.000 and the forecast for two vears ago was 19.000, and that the trend estimate for last vear's forecast was 1.500.
Multiple Choice
21,000
19,500
18,750
22,500
22,800
ооо оо
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