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Ray Anderson, owner of Anderson Ski Lodge in upstate New York, is interested in

ID: 3390556 • Letter: R

Question

Ray Anderson, owner of Anderson Ski Lodge in upstate New York, is interested in forecasting the number of visitors for the upcoming year. The following data are available, by quarter, from the first quarter of 2007 to the fourth quarter of 2013.

How many visitors would you expect for each quarter of 2014, if Ray projects that there will be a 10% increase from the total number of visitors in 2013? (Round forecast to 2 decimal places and index to 4 decimal places.)

etermine the trend equation, project the number of visitors for 2014, and seasonally adjust the forecast.(Round your Index answers to 4 decimal places and other answers to 2 decimal places.)

Year Quarter Visitors Year Quarter Visitors   2007 I 86 2011 I 188 II 62 II 172 III 28 III 128 IV 94 IV 198   2008 I 106 2012 I 208 II 82 II 202 III 48 III 154 IV 114 IV 220   2009 I 140 2013 I 246 I 120 II 240 III 82 III 190 IV 154 IV 252   2010 I 162 II 140 III 100 IV 174

Explanation / Answer

Ray Anderson, owner of Anderson Ski Lodge in upstate New York, is interested in