The dean of a school of business is forecasting total student enrollment for this year's summer session classes based on the following historical data: $$\begin{array} { | l | c | }
\hline { \text { Year } } & \text { Enrollment } \
\hline \text { Four years ago } & 2000 \
\hline \text { Three years ago } & 2200 \
\hline \text { Two years ago } & 2800 \
\hline \text { Last year } & 3000 \
\hline
\end{array}$$
What is this year's forecast using the naive approach?
A) 2,000
B) 2,200
C) 2,800
D) 3,000
E) 3,200

Question

The dean of a school of business is forecasting total student enrollment for this year's summer session classes based on the following historical data: $$\begin{array} { | l | c | } 
\hline  { \text { Year } } & \text { Enrollment } \
\hline \text { Four years ago } & 2000 \
\hline \text { Three years ago } & 2200 \
\hline \text { Two years ago } & 2800 \
\hline \text { Last year } & 3000 \
\hline
\end{array}$$
What is this year's forecast using the naive approach?
A) 2,000
B) 2,200
C) 2,800
D) 3,000
E) 3,200

Quizplus · Accepted Answer

The Answer of The dean of a school of business is forecasting total student enrollment for this year's summer session classes based on the following historical data: $$\begin{array} { | l | c | } 
\hline  { \text { Year } } & \text { Enrollment } \
\hline \text { Four years ago } & 2000 \
\hline \text { Three years ago } & 2200 \
\hline \text { Two years ago } & 2800 \
\hline \text { Last year } & 3000 \
\hline
\end{array}$$
What is this year's forecast using the naive approach?
A) 2,000
B) 2,200
C) 2,800
D) 3,000
E) 3,200

The Dean of a School of Business Is Forecasting Total