Enrollment in a particular class for the last four semesters has been 122, 128, 101, and...
Enrollment in a particular class for the last four semesters has been 122, 128, 101, and 155 (listed from oldest to most recent). The best forecast of enrollment next semester, based on a three-semester moving average, would be
Homework Answers
Solution:
The enrollment in a particular class for the last four semesters is:
Now we have to find the best forecast of enrollment for next semester using the three-semester moving average. The three-semester moving average can be found by finding the average of recent three semester enrollments. The recent three enrollments are:
Therefore, the forecast of enrollment for the next semester is:
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Enrollment in a particular class for the last four semesters has
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