The president of State University wants to forecast student enrollment for this academic year based on the following historical data:
Year :Enrollments
5 years ago :15,000
4 years ago :16,000
3 years ago :18,000
2 years ago :20,000
Last year :21,000
-What is the forecast for this year using the last-value forecasting method?
A)163
B)180
C)300
D)467
E)510

Question

The president of State University wants to forecast student enrollment for this academic year based on the following historical data:
Year :Enrollments
5 years ago :15,000
4 years ago :16,000
3 years ago :18,000
2 years ago :20,000
Last year :21,000
-What is the forecast for this year using the last-value forecasting method?
A)163 
B)180 
C)300 
D)467 
E)510

Quizplus · Accepted Answer

The Answer of The president of State University wants to forecast student enrollment for this academic year based on the following historical data:
Year :Enrollments
5 years ago :15,000
4 years ago :16,000
3 years ago :18,000
2 years ago :20,000
Last year :21,000
-What is the forecast for this year using the last-value forecasting method?
A)163 
B)180 
C)300 
D)467 
E)510

The President of State University Wants to Forecast Student Enrollment