Question: A local medical testing lab, has noticed that demand for its blood tests from walk-in customers has gone up over the last 16 weeks. It

A local medical testing lab, has noticed that demand for its blood tests from walk-in customers has gone up over the last 16 weeks. It appears to have been caused by media hype around a diet, that involves people picking food based on their lipid profile.

The manager of the lap wants to forecast the # of walk-in arrivals for next week to better schedule resources. Data for the last 16 weeks of walk-ins for blood tests has been tabulated below. Data prior to that is not useful, as the current diet hype was not present before that.

A local medical testing lab, has noticed that

Plot the data on an appropriate chart in Excel and visually inspect it for presence of a trend. What do you see:

A positive trend

A negative trend

No trend

Medical data should not be checked for trends, as that is relevant to consumer marketing data only.

A) Use regression to forecast the # of walk-in arrivals for week 17. Round your answer to the nearest integer.

B) What is the R2 (r squared) for the regression forecasting model?

Do not type in the % sign, and enter your answer to 2 decimal places on a scale of 0 to 100. E.g. R2 of 0.2314 will be entered as 23.14

C) What is the MAPE for your regression model (computed over weeks 1 to 16)?

Do not type in the % sign, and enter your answer to 2 decimal places on a scale of 0 to 100. E.g. A MAPE of 5.32% will be entered as simply 5.32.

Medical Testing Lab, Walk-in Data Walk-in Arrivals 28 27 44 37 35 Week 1 2 3 4 5 6 7 8 9 10 11 12 13 53 38 57 61 39 55 54 52 60 14 60 15 16 75

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