The school of business dean is forecasting total student enrollment for this year's summer session classes based
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Question:
The school of business dean is forecasting total student enrollment for this year's summer session classes based on the following historical data.
year enrollment weights
4 years ago 2000 0.1
3 years ago 2200 0.2
2 years ago 2800 0.3
last year 3000 0.4
What is this year's forecast using the three year simple moving average?
Related Book For
Probability & Statistics for Engineers & Scientists
ISBN: 978-0130415295
7th Edition
Authors: Ronald E. Walpole, Raymond H. Myers, Sharon L. Myers, Keying
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