Multiple Choice
Enrollment in a particular class for the last four semesters has been 120, 126, 110, and 130 (listed from oldest to most recent) .Develop a forecast of enrollment next semester using exponential smoothing with an alpha = 0.2.Assume that an initial forecast for the first semester was 120 (so the forecast and the actual were the same) .
A) 118.96
B) 121.17
C) 130
D) 120
Correct Answer:

Verified
Correct Answer:
Verified
Q80: When the smoothing constant α = 1,
Q81: Use simple exponential smoothing with α =
Q82: In general terms, describe a centered moving
Q83: Plossl and Wight suggest a reasonable limit
Q84: Adaptive smoothing is analogous to exponential smoothing
Q86: A season represents a longer period of
Q87: Use the sales data given below to
Q88: Bias is the average error of a
Q89: Multiple regression can be used to develop
Q90: Daily demand for newspapers for the last