Student enrollment at a college over the past five years is given below.
Year (t) |
Enrollment (In 1,000s) |
1 |
18.9 |
2 |
23.1 |
3 |
24 |
4 |
24.6 |
5 |
26.4 |
Required:
a. Develop a linear trend equation for this time series.
b. Forecast enrollment for year 12.
c. Forecast enrollment for year 15.
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