Question: Chapter 3 - Forecasting Seasonality problem- Class Assignment A university wants to develop forecast for the next year's quarterly enrollments. It has collected quarterly enrollments

Chapter 3 - Forecasting Seasonality problem- Class Assignment A university wants to develop forecast for the next year's quarterly enrollments. It has collected quarterly enrollments for the past two years. Total forecasted enrollment for next year is 30,000 students. What is the forecast for each quarter of next year? Quarter Year 1 Seasonal Index Year 2 Seasonal Index Avg. Index Year3 Fall 6800 7600 Winter 7200 8500 8400 9300 Spring Summer 2500 3300 Average Total 40,000

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