The President of State University Wants to Forecast Student Enrollment

question 60

Multiple Choice

The president of State University wants to forecast student enrollment for this academic year based on the following historical data:
Year :Enrollments
5 years ago :15,000
4 years ago :16,000
3 years ago :18,000
2 years ago :20,000
Last year :21,000
-What is the forecast for this year using a moving-average forecast based on the last four years?

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

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Definitions:

Domestically Produced

Refers to goods and services that are created or manufactured within a country's borders.

Monetary Policy

The process by which a central authority (most commonly a central bank) manages the supply of money in an economy, typically aiming to control inflation, promote economic growth, and reduce unemployment.

Politicization

The process by which an issue or matter becomes a subject of political debate or action.

Independent Central Banks

Central banking institutions that operate without direct political influence to maintain price stability and economic confidence.