Question: I need help completing a Develop a forecast for Year 15, 20, and 30 using a 10-year average market share and complete the blank table
I need help completing a Develop a forecast for Year 15, 20, and 30 using a 10-year average market share and complete the blank table below.
| Year | LRD Total Airline Enplanements | Southwest Region Enplanements | Market Share |
| 10-Year Average | |||
| 15 | 93,167,307 | ||
| 20 | 110,022,766 | ||
| 30 | 143,846,242 |
here is the necessary information
Forecast Laredo International Airport (LRD) airline enplanements assuming a 10-year average market share of Southwest Region Enplanements using the data in the shown below.
|
Year | LRD Airline Enplanements | Southwest Region Enplanements |
| Historical | ||
| 1 | 80,593 | 63,396,932 |
| 2 | 92,110 | 64,296,680 |
| 3 | 97,998 | 67,434,877 |
| 4 | 64,198 | 70,689,841 |
| 5 | 57,996 | 72,061,761 |
| 6 | 61,728 | 74,341,596 |
| 7 | 79,714 | 75,957,918 |
| 8 | 88,969 | 77,056,344 |
| 9 | 90,647 | 79,833,666 |
| 10 | 82,400 | 80,184,741 |
| Forecast | ||
| 15 | 93,167,307 | |
| 20 | 110,022,766 | |
| 30 | 143,846,242 |
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