Because of high tuition costs at state and private universities, enrollments at community colleges have increased dramatically
Question:
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a. Construct a time series plot. What type of pattern exists in the data?
b. Use Excel Solver or LINGO to find the parameters for the line that minimizes MSE this time series.
c. What is the forecast for2010?
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a The time series plot shows a linear trend b b0 47167 b1 14567 Squared Forecast Forecast Period ...View the full answer
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Related Book For 
An introduction to management science quantitative approaches to decision making
ISBN: 978-1111532222
13th edition
Authors: David Anderson, Dennis Sweeney, Thomas Williams, Jeffrey Cam
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