Question: Question 1 Forecasting (15 Points) The Program Director of a University wants to forecast the number of students who will enroll in a strategic management

Question 1 Forecasting (15 Points) The Program Director of a University wants to forecast the number of students who will enroll in a strategic management (SM) course next term to determine how many sections to schedule. The Director has accumulated the following enrollment data for the past Seven terms: Semeste Student Enrolled in SM a) Compute a two-semester moving average forecast. b) Compute the exponentially smoothed forecast (a=0.20) for the enrollment data 350 c) Compare the MAD and MSE. 200 260 240 300 2 3 4 3 6 7 430 370

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