Question: - Part II - Problem questions - 2 problem questions each having 10 marks - total 20 marks Problem 1 - Small Wonder is an

- Part II - Problem questions - 2 problem

- Part II - Problem questions - 2 problem questions each having 10 marks - total 20 marks Problem 1 - Small Wonder is an amusement park. It experiences seasonal attendance. It has collected two years of quarterly attendance data and made a forecast of annual attendance for the coming year. Compute the seasonal indexes for the four quarters and generate quarterly forecasts for the coming year, assuming annual attendance for the coming year to be 1525 Annual attendance Predicted annual attendance for year3 is 1525 AVG Index Year 2 Index index Year 3 Year 1 Quarter Fall Winter 352 391 156 212 518 Spring Summer Average 489 314 352 Total

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