Calculate the forecast the number of students


Solve to the following problem:

The Dean of the business college at Strayer University wants to forecast the number of students who will enroll in business courses at the Charleston SC campus. Historically the enrollments have been:

Year     Students
1          400
2          450
3          380
4          425
5          500
6          555
7          495
8          610

a. Compute a linear trend forecast for the next 5 years.

b. Is the trend seasonal or not?

 

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