Question: *Please answer both questions Question 3 [25] Annual student drop-out rates for a university are listed in the table below: Student Drop-outs 36 Year 2014

*Please answer both questions Question 3 [25]

*Please answer both questions

Question 3 [25] Annual student drop-out rates for a university are listed in the table below: Student Drop-outs 36 Year 2014 2015 2016 2017 2018 2019 48 40 49 57 Studying recent past records the Register has forecasted 33 drop-outs for the year 2019. You are required to: 3.1 Use a smoothing constant of 0.60 to develop a forecast for the years 2015 to 2019. (10) 3.2 Give an overview of the qualitative methods of forecasting used by your organisation. (15)

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