The number of students enrolled in Spring Valley Elementary school has been steadily increasing over the past five years. The School Board would like to forecast enrolment for years 6 and 7 in order to better plan capacity. The past five years enrolment is indicated in table 3: Table 3 Year Enrollment 1 220 2 245 3 256 4 289 5 310 Assuming a linear trend, use the tabular method to derive values for: the slope the intercept How did you work out to get 22.4 for the slope and for the intercept how did you work it out and get 196.8

The number of students enrolled in Spring Valley Elementary school has been steadily increasing over the past five years. The School Board would like to forecast enrolment for years 6 and 7 in order to better plan capacity. The past five years enrolment is indicated in table 3: Table 3 Year Enrollment 1 220 2 245 3 256 4 289 5 310 Assuming a linear trend, use the tabular method to derive values for: the slope the intercept How did you work out to get 22.4 for the slope and for the intercept how did you work it out and get 196.8

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 30P: A company manufacturers a product in the United States and sells it in England. The unit cost of...

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Table 3

Year	Enrollment
1	220
2	245
3	256
4	289
5	310

Assuming a linear trend, use the tabular method to derive values for:

the slope
the intercept

How did you work out to get 22.4 for the slope and for the intercept how did you work it out and get 196.8

Leveraging special tenchniques in analyzing historical data to predict future trends. Forecasting covers the methods and types of forecasting and their application to case studies.

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