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:Year Enrollment2017 2,0002018 2,2002019 2,8002020 3,000What is this year's forecast using a four-week weighted moving average with a set of weights of 0.3 (for 2020), 0.2 (for 2019), O.1 (for 2018), 0.1 (for 2017)? a. 3,000 b. 2,300 с. 3,333 O d. 2,100 O e. 2,500

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.5: Comparing Sets Of Data
Problem 14PPS
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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:Year
Enrollment2017
2,0002018
2,2002019
2,8002020
3,000What is this year's
forecast using a four-week weighted moving average with a set of weights of 0.3 (for 2020), 0.2 (for 2019), O.1 (for 2018), 0.1 (for
2017)?
O a.
3,000
b. 2,300
Oc. 3,333
O d. 2,100
O e.
2,500
Transcribed Image Text: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:Year Enrollment2017 2,0002018 2,2002019 2,8002020 3,000What is this year's forecast using a four-week weighted moving average with a set of weights of 0.3 (for 2020), 0.2 (for 2019), O.1 (for 2018), 0.1 (for 2017)? O a. 3,000 b. 2,300 Oc. 3,333 O d. 2,100 O e. 2,500
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