I want to know whether the decreasing number of students enrolled at an all-male school is due to decreasing birth rate, or to decreased demand for single-sex schools. I have the following data:
- Birth rate in the city where the school is located, in total and by borough, 2004-2019.
- Projected birth rate for the city, 2018-2037.
- Number of births in the city where the school is located, in total and by borough, 2004-2019.
- Number of births by city and gender in the country, 2006-2037 (real/projected).
- Number of single-sex and mixed schools in the country, 2001-2020.
- Number of families that are seeking single sex schools and mixed schools, 2015-2021 (sample size: 850 families, population size: 8000 families).
- Number of students admitted to all schools in the country, in pre-k, 2010-2019.
I have already carried our an ARIMA model, seeking to cross-correlate number of births and number of students enrolled at the all-boys school. However, lag for number of births is 1, and lag for enrollment is 0, so I can't really predict future enrollment with this data.
Is there any other way I could predict enrollment rate at single-sex schools, and test whether the change is due to change in birth rate or in demand? I have thought of the following options (potential drawbacks I came up with are in parenthesis).
a. Compare rate of change for single-sex schools vs. mixed schools. i.e. number of students enrolled in 2010 vs. 2019.
b. As the lag in number of births is 1, years would seem to be an independent variable, so maybe some sort of regression? (The best fit I have is a quartic regression, but prediction power is low, as after a few years the number of births is negative, and I do not like this approach as the N for number of years is low, 10, and I am not considering many factors, such as migration, or death rate).
c. ARIMA model with birth rate instead of number of births? (I don't know if you can carry out ARIMA with proportions, and the N is still low, 10 years).
As you can see, I am at a loss as to what to do next. Maybe the answer I will get from you is that we simply cannot predict the enrollment rate in schools with the data we have, but I hope this is not the case.
Thank you in advance.