The dean of a school of business is forecasting total student enrollment for this year's summer session classes based on the following historical data:
What is this year's forecast using exponential smoothing with alpha = .4, if last year's smoothed forecast was 2,600?
A) 2,600
B) 2,760
C) 2,800
D) 3,840
E) 3,000
Correct Answer:
Verified
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