The Dean of a School of Business Is Forecasting Total

question 169

Multiple Choice

The dean of a school of business is forecasting total student enrolment for this year's summer session classes based on the following historical data: What is this year's forecast using the naive approach?

• A)2,000
• B)2,200
• C)2,800
• D)3,200
• E)3,000 There is a trend in the data set.

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Definitions:

Gini Index

A statistical measure of income inequality within a population, ranging from 0 (perfect equality) to 1 (perfect inequality).

Perfect Equality

An ideal state where all individuals have exactly the same status, rights, and opportunities without any discrimination.

Obesity Per Capita

A statistical measurement reflecting the number of obesity cases within a given population.

Countries

Nation-states characterized by defined territorial borders and governance structures, possessing sovereignty and political identity.