Develop a forecast of enrollment next semester

Reference no: EM13292238

Enrollment in a particular class for the last four semesters has been 120, 126, 110, and 130. Develop a forecast of enrollment next semester using exponential smoothing with an alpha = 0.2. Assume that an initial forecast for the first semester was 120 (so the forecast and the actual were the same).

A) 118.96
B) 121.17
C) 130
D) 120

Reference no: EM13292238

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