Professor Z Needs to Allocate Time Among Several Tasks Next $\alpha$

question 31

Multiple Choice

Professor Z needs to allocate time among several tasks next week to include time for students' appointments.Thus,he needs to forecast the number of students who will seek appointments.He has gathered the following data:
Week # of students
6 weeks ago 83
5 weeks ago 110
4 weeks ago 95
3 weeks ago 80
2 weeks ago 65
Last week 50
-What is the forecast for this year using exponential smoothing with trend if $\alpha$ = 0 5 and $\beta$ = 0 1? Assume the forecast for last week was 65 and the forecast for two weeks ago was 75 ,and that the trend estimate for last years forecast was -5

• A)49
• B)50
• C)52
• D)65
• E)78

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Definitions:

Independent Central Banks

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

Socializing Losses

A scenario where financial losses are distributed across society, typically through government intervention, rather than being borne solely by the entity that incurred them.

Government Loan Guarantees

Programs where the government promises to repay a loan in case the borrower defaults, typically used to encourage lending to certain sectors or projects.

Privatizing Gains

Privatizing gains involves the process of shifting profits and benefits from the public sector to private entities, highlighting a move towards more privatized economic activities.