Problem 3 A southern public university wants to forecast the enrollment in its business school for the next academic yea
Posted: Wed May 04, 2022 8:26 am
Problem 3 A southern public university wants to forecast the enrollment in its business school for the next academic year. The combined enrollment for full-time and part-time students expressed in full- time equivalents (FTE) for the past 10 semesters are as follows: Semester Enrollment 1 864 2 901 3 987 4 1,010 1,028 6 1,052 7 1,081 8 1,109 9 1,142 10 1,118 a. Plot the data. Do the data appear to have a linear trend? b. Forecast the enrollment for the next four semesters using the linear trend equation.