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Problem (Ch. 15, Time Series Analysis) (100 pts / 100 pts) 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). 2020 Year Quarter Demand 20191 119,000 2 14.900 31 13,700 4 22.100 11 18,700 217,000 3 16,500 41 20,100 2021 11 19,700 2 12.100 31 13,200 4 23.400 Using a smoothing parameter of 0.2 and an initial forecast of 17,500, forecast demand for the four quarters in 2022 (If you use Excel spreadsheet in your problem-solving, you must submit screenshots or scans or photos of your Excel spreadsheet.)