The President of State University Wants to Forecast Student Enrollments

question 11

Multiple Choice

The president of State University wants to forecast student enrollments for this academic year based on the following historical data: $$\begin{array} { | l | c | } \hline \text { Year } & \text { Enrollments } \\\hline \text { 5 Years ago } & 15,000 \\\hline \text { 4 Years ago } & 16,000 \\\hline \text { 3 Years ago } & 18,000 \\\hline \text { 2 Years ago } & 20,000 \\\hline \text { Last Year } & 21,000 \\\hline\end{array}$$
What is the forecast for this year using exponential smoothing with alpha = .5, if the forecast for two years ago was 16,000?

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

Distinguish between the purposes and outcomes of narrative literature reviews and meta-analyses.

Identify variables and conceptualizations critical for designing a study.

Recognize the importance of drawing conclusions about the external validity of research findings through various methodological approaches.

Understand the role and methodology of literature review in research.

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Definitions:

Friedman and Hechter

Scholars known for their contributions to sociological theory, particularly in the areas of rational choice theory and the analysis of social norms and structures.

Social Institutions

Organized patterns of beliefs and behavior centered on basic social needs, such as the family, education, government, and religion.

Norms

Socially accepted rules of behavior that dictate the expected conduct of individuals within a group or society.

Scarcity

A fundamental economic problem of having seemingly limitless human wants in a world of limited resources, which leads to the necessity of making choices on how to allocate resources efficiently.