Question: please show steps on how to solve it so i can understand it thankyou If rounding up is needed, you may round the number up

please show steps on how to solve it so i can understand it thankyou

If rounding up is needed, you may round the number up to 4 decimal points. 1. Problem (Ch. 15, Time Series Analysis - Seasonality) (40 pts/100) Mt. Bear is a ski resort in California. Many guests visit there; however, most of them come in the winter season because of the phenomenal skiing. A group of hotels has analyzed their demand for the last three years (see the table below). Year Quarter Demand 2018 120191 1 19.000 2 14.900 3 13,700 422.100 | 18,700 2 17.000 3 16.500 4 20.100 19,700 2 12.100 13,200 23,400 2020 Using a smoothing parameter of 0.3 and an initial forecast of 18,000, forecast demand for the first four quarters in 2021. - If you use Excel spreadsheet in your problem-solving, you must submit screenshots or scans of your Excel spreadsheet

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