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The President of State University Wants to Forecast Student Enrollment

Question 47

Multiple Choice

The president of State University wants to forecast student enrollment for this academic year based on the following historical data:
 Year  Enrollnents 5 years ago 15,0004 years ago 16,0003 years ago 18,000 2 years ago 20,000 Luast year 21,000\begin{array} { | c | c | } \hline \text { Year } & \text { Enrollnents } \\\hline 5 \text { years ago } & 15,000 \\\hline 4 \text { years ago } & 16,000 \\\hline 3 \text { years ago } & 18,000 \\\hline \text { 2 years ago } & 20,000 \\\hline \text { Luast year } & 21,000 \\\hline\end{array}
What is the forecast for this year using a moving-average forecast based on the last four years?


A) 18,750
B) 19,500
C) 21,000
D) 22,650
E) 22,800

Correct Answer:

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