Solved

The President of Northern University Wants to Forecast Student Enrolments

Question 103

Multiple Choice

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

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q66: Correlation measures the strength and direction of

Q99: Develop a forecast for the next period,given

Q100: The square root of MSE is used

Q101: In operations,forecasts are the basis for all

Q102: An operation analyst is forecasting this year's

Q105: The owner of Leisure Boutique in a

Q106: Multiple regression procedures permit us to extend

Q107: Which is not a characteristic of simple

Q108: Which of the following techniques are most

Q137: Which of the following smoothing constants would