Forecasting 5th Year Student Enrollment
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Notice the 5th year student enrollment forecast.
Why are the 5th year forecast of numbers linear in comparison to the
previous 4 years noted in the line graph indice and calculations?
Why are the numbers in 5th year gradually increasing each month starting from
January, but previous years, month after month, are scattered?
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Solution Summary
Step by step method for computing forecast for a time series is given in the answer.
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