The President of State University Wants to Forecast Student Enrollments

question 67

Multiple Choice

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 trend-adjusted (double) smoothing with alpha = 0.05 and beta = 0.3, if the forecast for last year was 21,000, the forecast for two years ago was 19,000, and the trend estimate for last year's forecast was 1,500?

• A)18,750
• B)19,500
• C)21,000
• D)22,650
• E)22,800

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Definitions:

Reality Monitoring

The process by which individuals are able to distinguish memories of actual events from those of imagined events.

Source Monitoring

Identifying where our memories, knowledge, or beliefs come from.

Locus of Causality

A concept in psychology that refers to the perceived source of control over events in one's life, whether internal or external.

Connectionist Models

Cognitive models based on neural networks that simulate how neural connections in the brain process information and learn.