Tutoring Center needs to allocate tutors this week for office appointments, so it needs to forecast the number of students who will seek appointments. The director has gathered the following time series data recently:

a. What would nave forecasting suggest as the number of student appointments that can be expected this week?

b. What is this week's forecast for student appointments using a 3-week moving average? What would the same forecast be using a 2-week moving average?

c. What would be this week's forecast for student appointments using exponential smoothing with alpha of 0.2, if the forecast for 2 weeks ago was 90?

d. If the director used these 4 weeks of data to create a linear regression, what does that linear regression formula suggest for this week's forecast of student appointments? What does the regression analysis suggest in general about stu- dent appointments at the Tutoring Center?

Transcribed Image Text:

Period Student Appointments 4 weeks ago 95 3 weeks ago 80 2 weeks ago 65 Last week 50