Question: PLEASE EXPLAIN ONLY USING EXCEL WITH FORMULAS AND SHOW THE EXCEL SHEET PLEASE! Passenger miles flown on Northeast Airlines, a commuter firm serving the Boston

PLEASE EXPLAIN ONLY USING EXCEL WITH FORMULAS AND SHOW THE EXCEL SHEET PLEASE!

Passenger miles flown on Northeast Airlines, a commuter firm serving the Boston hub, are shown for the past 12 weeks:

Week

1

2

3

4

5

6

7

8

9

10

11

12

Actual Passenger Miles (in thousands)

17

21

19

23

18

16

20

18

22

20

15

22

c. Develop a Control Chart of the Tracking Signal using a control limit of + 2.5 MAD.

d. For the forecast to be in control, what percentage of the errors must fall within + 2.5 MAD?

E. Is this forecast in control? Explain.

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