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The President of State University Wants to Forecast Student Enrollments

question 18

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The president of State University wants to forecast student enrollments for this academic year based on the following historical data:  Year  Enrollments  5 years ago 15,0004 years ago 16,000 3 years ago 18,0002 years ago 20,000 Last year 21,000\begin{array} { l l } \text { Year } & \text { Enrollments } \\\hline \text { 5 years ago } & 15,000 \\4 \text { years ago } & 16,000 \\\text { 3 years ago } & 18,000 \\2 \text { years ago } & 20,000 \\\text { Last year } & 21,000\end{array} What is the forecast for this year using the least squares trend line for these data?


Definitions:

Right To Strike

The legal entitlement of workers to refuse to work as a form of protest, typically in an effort to gain better working conditions or pay.

Discipline And Discharge

Refers to the policies and procedures related to managing employee behavior and the potential termination of employment.

Union-Shop Clause

A provision in a collective bargaining agreement that requires employees to join the union within a certain timeframe after being hired.

Consecutive Terms

Successive time periods, such as in office or service, following one after the other without interruption.

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