Question

. A university registrar has adopted a simple exponential smoothing model ( a = 0.4) to forecast enrollments during the three regular terms (excluding summer). The results are shown in the following table (a) Use the data to develop an enrollment forecast for the third quarter of year 2 (b) What would be the effect of increasing the smoothing constant to 1.0? the effect will increase into 2

Answer 1

Step-by-step explanation:

university registrar has adopted a simple exponential smoothing model ( a = 0.4) to forecast enrollments during the three regular terms (excluding summer). The results are shown in the following table