Solved

The Dean of a School of Business Is Forecasting Total

Question 72

Multiple Choice

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:  Year  Enrollment  Four years ago 2000 Three years ago 2200 Two years ago 2800 Last year 3000\begin{array} { l l } \text { Year } & \text { Enrollment } \\\hline \text { Four years ago } & 2000 \\\text { Three years ago } & 2200 \\\text { Two years ago } & 2800 \\\text { Last year } & 3000\end{array} What is this year's forecast using the least squares trend line for these data?


A) 3,600
B) 3,500
C) 3,400
D) 3,300
E) 3,200

Correct Answer:

verifed

Verified

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

Related Questions