The President of State University Wants to Forecast Student Enrollments

question 128

Multiple Choice

The president of State University wants to forecast student enrollments for this academic year based on the following historical data: $$\begin{array} { l l } \text { Year } & \text { Enrollments } \\\hline \text { 5 years ago } & 15,000 \\4 \text { years ago } & 16,000 \\\text { 3 years ago } & 18,000 \\2 \text { years ago } & 20,000 \\\text { Last year } & 21,000\end{array}$$ What is the forecast for this year using trend-adjusted (double) smoothing with alpha = .05 and beta = .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:

Discriminatory Effect

The negative impact of practices or policies that, intentionally or not, result in unfair treatment of certain groups.

Emotional Causes

The underlying emotional factors or triggers that lead to specific behaviors or psychological states.

Prejudice

Preconceived opinion or bias against an individual or group without sufficient knowledge, fair judgment, or factual basis.

Competition

The rivalry among sellers trying to achieve such goals as increasing profits, market share, and sales volume by varying the elements of the marketing mix: price, product, distribution, and promotion.