orecast for this year using a 3-year weighted moving average where the weights are halved in a descending order from newest to oldest ?
orecast for this year using a 3-year weighted moving average where the weights are halved in a descending order from newest to oldest ?
Calculus For The Life Sciences
2nd Edition
ISBN:9780321964038
Author:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Publisher:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Chapter7: Integration
Section7.CR: Chapter 7 Review
Problem 88CR
Related questions
Question
The president of State University wants to forecast student enrollments for this Year
academic year based on the following historical data:
5 years ago
4 years ago
3 years ago
2 years ago Last year
Enrollments
15.000
16.000 18.000
20.000 21.000
a- What is the forecast for this year using a 3-year weighted moving average where the weights are halved in a descending order from newest to oldest ?
b. What is the forecast for this year using the trend line for these data? c. using the MAD find which forecasting technique may be appropriate for this quetion
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