The president of state university wants to forecast student

(Place your order and get a customized paper on this topic just for you)

The president of state university wants to forecast student

1. The president of State University wants to forecast student enrollment for Year 3. Using exponential smoothing with trend, the forecast for the current year (Year 1) is 20,000. Assume the estimated trend is 1,500. What is the forecast for Year 3?






2. Which of the following statements are true?

Exponential smoothing with trend requires selection of two smoothing constants.

Judgmental forecasting methods have been developed to interpret statistical data.

The sales force composite method is a top-down approach to forecasting.

The moving-average forecasting method assigns unequal weights to each value in the average.

None of the above

3. Which of the following are features of a normal distribution?

Symmetric shape

Considerable skewness

Cannot be used to represent sample means

Cannot be used to describe a random variable

All of the above

4. Which of the following statements is true with regard to linear regression?

It is used to predict the value of an independent variable.

It can be used to calculate a trend line.

The slope must be less than or equal to 1.

A y-intercept value is not necessary.

All of the above

5. Gradual, long-term movement in time-series values is called:

temporal variation.

cyclical movement.

exponential smoothing.

linear regression.

None of the above.

6. In exponential smoothing with trend, the forecast consists of:

an exponentially smoothed forecast and a smoothed trend factor.

the old forecast adjusted by a trend factor.

the old forecast and a smoothed trend factor.

a moving-average and a trend factor.

None of the above

7. The president of State University wants to forecast student enrollment for this academic year based on the following historical data:
5 years ago
4 years ago
3 years ago
2 years ago
Last year

8. What is the forecast for this year using exponential smoothing with alpha = 0.5, if the forecast for two years ago was 16,000?





None of the above

9. Two different forecasting methods are applied to the same data set. If the Mean absolute deviation is higher for the second method and the Mean square error is higher for the first method, what does this indicate?

Both methods produce acceptable error rates.

The second method is more accurate than the first method.

The first method produces more extreme errors than the second method.

The error measure for the first method is more difficult to interpret.

None of the above

10. Which of the following statements is true regarding the Mean absolute deviation measure and the Mean square error measure?:

The values for both measures are unchanged if the forecasting method is changed.

Both are measures of seasonal variation.

Lower values of these measures reflect more accurate forecasting methods.

The Mean absolute deviation measure places greater weight on large errors.

None of the above.

11. Which of the following is an example of a seasonal pattern in data?

The data values are continually increasing with time.

The data exhibits an exponentially smoothed pattern.

The average sales on Monday is higher than the average daily sales.

The volume of calls is dependent upon the product release schedule.

None of the above

12. In order to increase the responsiveness of a forecast made using the moving-average method, the number of values in the average should be:




held stable.

None of the above

Using the following data, what is the moving-average forecast for the next period using a three period model?










None of the above

Order a unique copy of this paper
(550 words)

Approximate price: $22

Place Order
Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our guarantees

We value our customers and so we ensure that what we do is 100% original..
With us you are guaranteed of quality work done by our qualified experts.Your information and everything that you do with us is kept completely confidential.

Zero-plagiarism guarantee

The Product ordered is guaranteed to be original. Orders are checked by the most advanced anti-plagiarism software in the market to assure that the Product is 100% original. The Company has a zero tolerance policy for plagiarism.

Read more

Free-revision policy

The Free Revision policy is a courtesy service that the Company provides to help ensure Customer’s total satisfaction with the completed Order. To receive free revision the Company requires that the Customer provide the request within fourteen (14) days from the first completion date and within a period of thirty (30) days for dissertations.

Read more

Privacy policy

The Company is committed to protect the privacy of the Customer and it will never resell or share any of Customer’s personal information, including credit card data, with any third party. All the online transactions are processed through the secure and reliable online payment systems.

Read more

Fair-cooperation guarantee

By placing an order with us, you agree to the service we provide. We will endear to do all that it takes to deliver a comprehensive paper as per your requirements. We also count on your cooperation to ensure that we deliver on this mandate.

Read more

Calculate the price

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
The price is based on these factors:
Academic level
Number of pages
× WhatsApp us for help