n online retailer buys cloud services from Amazon Web Services AWS and pays AWS based on the volume off traffic coming to the website. This is a pay as you go model with payments based on traffic. In addition, the traffic has a seasonal pattern with Thanksgiving through Christmas seeing a big jump in network traffic. Smaller jumps are seen around Valentine's Day. They pay AWS 3 cents per customer visit to their website. The data below is the network traffic for the past four quarters in 2020.

Network Traffic in millions

Quarter (2020) Traffic

1. 1.2

2. 1.25

3. 1.35

4. 1.45

What should the firm budget for payment to AWS in the third quarter of 2021? show your calculations

An online retailer buys cloud services from Amazon Web Services AWS and pays AWS based on the volume of traffic coming to their website. This is a pay as yolco model with payments based on traffic. In addition, the traffic has a seasonal pattern with Thanksgiving through Christmas seeing a big jompin network tratte Smaller jumps are seen fround Valentines day. They pay AWS 3 corts per customer visit to their website. The data below is the network traffic for the past four Quarters in 2020. Network Trafo in millions Quarter (2020) Trattic 1 1.2 2 1.25 3 1.36 4 1.45 a. Based on the above create a frendline model for forecasting Show your calculations and write out the model 1. What should the firm budget for payment to AWS in the third quarter of 20219 Show your calculations