The president of State University wants to forecast st
Question and Solution
The president of State University wants to forecast student enrollments for this academic year based on the following
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The president of State University wants to forecast student enrollments for this academic year based on the following historical data: What is the forecast for this year using trend-adjusted (double) smoothing with alpha = .05 and beta = .3, if the forecast for last year was 21,000, the forecast for two years ago was 19,000, and the trend estimate for last year's forecast was 1,500?
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