Solved

The President of State University Wants to Forecast Student Enrollments

Question 87

Multiple Choice

The president of State University wants to forecast student enrollments for this academic year based on the following historical data: 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 the naive approach? A) 18,750 B) 19,500 C) 21,000 D) 22,000 E) 22,800 What is the forecast for this year using the naive approach?


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

Correct Answer:

verifed

Verified

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

Related Questions

Q37: In order to update a moving average

Q66: Correlation measures the strength and direction of

Q69: Which of the following helps improve supply

Q82: A manager has been using a certain

Q88: The previous trend line had predicted 18,500

Q89: Simple linear regression applies to linear relationships

Q90: In order to compute seasonal relatives, the

Q92: What is this week's forecast using trend

Q121: Forecasting techniques that are based on time-series

Q139: Which of the following is not a