The President of State University Wants to Forecast Student Enrollment

question 62

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 the last-value forecasting method?

• A)163
• B)180
• C)300
• D)467
• E)510

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