2. Suppose that the University of the West had the following data of its growth of enrollment from 2016-2014. Year Enrollment 2006 3000 2007 3200 2008 3600 2009 3650 2010 4000 2011 4200 2012 4300 2013...


2. Suppose that the University of the West had the following data of its growth of enrollment from<br>2016-2014.<br>Year<br>Enrollment<br>2006<br>3000<br>2007<br>3200<br>2008<br>3600<br>2009<br>3650<br>2010<br>4000<br>2011<br>4200<br>2012<br>4300<br>2013<br>4410<br>2014<br>4520<br>a. Forecast the 2015 enrollment using three-year weighted moving average forecast.<br>b. Using smooth a = 0.30, forecast the 2015 enrollment.<br>c. Using MAD, solve for the forecasting error at a = 0.10<br>d. Use four-year weighted moving average from 2006-2015<br>

Extracted text: 2. Suppose that the University of the West had the following data of its growth of enrollment from 2016-2014. Year Enrollment 2006 3000 2007 3200 2008 3600 2009 3650 2010 4000 2011 4200 2012 4300 2013 4410 2014 4520 a. Forecast the 2015 enrollment using three-year weighted moving average forecast. b. Using smooth a = 0.30, forecast the 2015 enrollment. c. Using MAD, solve for the forecasting error at a = 0.10 d. Use four-year weighted moving average from 2006-2015

Jun 11, 2022
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