Question: Please can you solve this problem. I just want to make sure my group is in the right path. Thank you Ch 4 Case Study

Please can you solve this problem. I just want to make sure my group is in the right path. Thank you

Please can you solve this problem. I just want to make sure

Ch 4 Case Study Southwestern University (SWU), a large state college in Stephenville, Texas, enrolls close to 20,000 students. The school is a dominant force in the small city, with more students during fall and spring than permanent residents. Always a football powerhouse, SWU is usually in the top 20 in college football rankings. Since the legendary Phil Flamm was hired as its head coach in 2015 (in hopes of reaching the elusive number-one ranking), attendance at the five Saturday home games each year increased. Prior to Flamm's arrival attendance generally averaged 25,000 to 29,000 per game. Season ticket sales bumped up by 10,000 just with the announcement of the new coach's arrival. Stephenville and SWU were ready to move to the big time! The immediate issue facing SWU, however, was not NCAA ranking. It was capacity. The existing SWU stadium, built in 1953, has seating for 54,000 fans. The table indicates attendance at each game for the past 6 years 2016 2017 2018 2019 2020 2021 Game Attendees Opponent Attendees Opponent Attendees Opponent Attendees Opponent Attendees Opponent Attendees Opponent 34,200 Rice 36,100 Miami 35,900 US 41,900 Arkansas 42,500 Indiana 46,900 39,800 Texas 10,200 Nebraska 16,500 Texas Tech 46,100 Missouri 48,200 North Texas 60,100 Texas 3 38,200 Duke 39,100 Ohio State 43.100 Alaska 43,900 Florida 14,200 Texas A&M 45,900 South FL Ab 26,900 Arkansas 25,300 Nevada 27,900 Arizona 30,100 Central FL 33,900 Southern 36,300 Montana 35, 100 TCU 36,200 Boise State 39,200 Baylor 40,500 LSU 47,800 Oklahoma 49,900 Arizona State Homecoming games. " During the fourth week of each season, Stephenville hosted a hugely popular southwestern crafts festival. This event brought tens of thousands of tourists to the town, especially on weekends, and had an obvious negative impact on game attendance. One of Flamm's demands upon joining SWU had been a stadium expansion, or possibly even a new stadium. With attendance increasing, SWU administrators began to face the issue head-on. Flamm had wanted dormitories solely for his athletes in the stadium as an additional feature of any expansion. 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 $50 in 2022 and a 5% increase each year in future prices. Answer the following questions here and show your detailed work (solution) below for each part starting next page. If you worked on a spreadsheet, copy it under each part of your solution. Once finished, create a pdf file, and upload it on Blackboard. Part 1: Produce a separate trend-projection least-squares model for each of the five game numbers (weeks). With those models, what is the total expected attendance for the 5 games in 2022? [Your answer here] Part 2: Produce a separate trend-projection least-squares model for each of the five game numbers (weeks). With those models, what is the total expected attendance for the 5 games in 2023 Part 3: Produce a separate trend-projection least-squares model for each of the five game numbers (weeks). With those models, what is the total expected revenue for the 5 games in 2023? Part 4: Produce a separate trend-projection least-squares model for each of the five game numbers (weeks). With those models, what is your recommendation and why

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