Question: (Due date: Apr 22 LULUI Problem (Ch. 15, Time Series Analysis) (100 pts / 100 pts) Mt. Bear is a ski resort in California, Many

(Due date: Apr 22 LULUI Problem (Ch. 15, Time
(Due date: Apr 22 LULUI Problem (Ch. 15, Time Series Analysis) (100 pts / 100 pts) Mt. Bear is a ski resort in California, Many guests visit there; however, most of them come in the winter season because of the phenomenal skiing. A group of hotels has analyzed their demand for the last three years (see the table below). Year 2019 2020 Quarter 1 2 3 4 1 2 3 4 1 2 3 4 1 Demand 19,000 14,900 13,700 22,100 18,700 17,000 16,500 20,100 19,700 12,100 13,200 23,400 2021 Using a smoothing parameter of 0.2 and an initial forecast of 17,500, forecast demand for the four quarters in 2022 (if you use Excel spreadsheet in your problem-solving, you must submit screenshots or scans or photos of your Excel spreadsheet.). MacBook ALT

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