U-R-Smart University wants to develop forecasts for next year's quarterly enrollment. It has collected quarterly enrollments...

 

Transcribed Image Text:

U-R-Smart University wants to develop forecasts for next year's quarterly enrollment. It has collected quarterly enrollments for the past two years. It has also forecast total annual enrollment for next year to be 90,000 students. What is the forecast for each quarter of next year? Enrollment (in thousands) Year 1 Quarter Fall Winter Spring Summer 24 23 19 14 Year 2 26 22 19 17 U-R-Smart University wants to develop forecasts for next year's quarterly enrollment. It has collected quarterly enrollments for the past two years. It has also forecast total annual enrollment for next year to be 90,000 students. What is the forecast for each quarter of next year? Enrollment (in thousands) Year 1 Quarter Fall Winter Spring Summer 24 23 19 14 Year 2 26 22 19 17

Answer rating: 100% (QA)

Answer i Here seasonal index for each quarter in each year is calculated as qua... View the full answer