Question: Create a linear trend forecast for the next ten games. Hint: You will have to create a linear trend equation for each game of the
Create a linear trend forecast for the next ten games. Hint: You will have to create a linear
trend equation for each game of the season across all six years. In other words, use all six
years of info for Game to create a Game trend equation. Then repeat for Game
through Game Once you have the equation for each of the five games, a forecast can be
made for each game across the next two years to give you ten game forecasts.
For example:
Compute seasonal indices for each game. Use this to adjust the linear trend forecast
generated in the previous step for the next ten games. Hint: Use games as "seasons" in the
six years of data, so treat each game like a month in a year in your calculations.
Use the forecast and information in the case on ticket prices to project revenue for the next
two seasons.tableGAMEATTENDEES,OPPONENT,ATTENDEES,OPPONENT,ATTENDEES,OPPONENTRice,Miami,USCaTexas,Nebraska,Texas TechDuke,Ohio State,AlaskabArkansas,Nevada,ArizonaTCU,Boise State,Baylor
tableGAMEATTENDEES,OPPONENT,ATTENDEES,OPPONENT,ATTENDEES,OPPONENTArkansas,Indiana,LSUaMissouri,North Texas,TexasFlorida,Texas A&MSouth FloridabCentral Florida,Southem,MontanaLSU,Oklahoma,Arizona State
SWU's president, Dr Joel Wisner, decided it was time for his vice president of development to forecast when the existing stadium would "max out." The expansion was, in his mind, a given. But Wisner needed to know how long he could wait. He also sought a revenue projection, assuming an average ticket price of $ in and a increase each year in future prices.
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