Refer to Exercise 20.25. Forecast next years enrollment using the following methods. a. Autoregressive forecasting model. b.
Question:
a. Autoregressive forecasting model.
b. Exponential smoothing method with w = .5.
In exercise 20.25
College and university enrollment increased sharply during the 1970s and 1980s. However, since then, the rate of growth has slowed. To help forecast future enrollments, an economist recorded the total U.S. college and university enrollment from 1993 to 2009. These data (in thousands) are listed here.
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