a. Calculate a seasonal factor for each day of the week. Round to 2 decimal points.
b. The owner estimates that there will be 440 total guests in week 5. Forecast the number of customers for each day of week 6 using the Multiplicative Seasonal Forecast Model. Round to 1 decimal place.
c. Suppose the regression forecast for daily demand fit to the data for the 25 days shown has a slope of 0.7 and an intercept of 71.9. Forecast the customers for each day of week 6 using the Seasonally Adjusted Trend Projection Model. Round to 1 decimal place.
|Day||Week 1||Week 2||Week 3||Week 4||Week 5||a. SI||b. Forecast||c. Forecast|