The president of State University wants to forecast student enrollments for this academic year based on the following historical data:

What is the forecast for this year using exponential smoothing with alpha = 0.5, if the forecast for two years ago was 16,000?
A)18,750
B)19,500
C)21,000
D)22,650
E)22,800

Question

The president of State University wants to forecast student enrollments for this academic year based on the following historical data:

What is the forecast for this year using exponential smoothing with alpha = 0.5, if the forecast for two years ago was 16,000?
A)18,750 
B)19,500 
C)21,000 
D)22,650 
E)22,800

Quizplus · Accepted Answer

The Answer of The president of State University wants to forecast student enrollments for this academic year based on the following historical data:

What is the forecast for this year using exponential smoothing with alpha = 0.5, if the forecast for two years ago was 16,000?
A)18,750 
B)19,500 
C)21,000 
D)22,650 
E)22,800

The President of State University Wants to Forecast Student Enrollments