Question: PLEASE USE EXCEL FUNCTIONS TO ANSWER QUESTION Year Month Attendance: Phantom Of The Opera 1997 1 48241 1997 2 47442 1997 3 61929 1997 4

PLEASE USE EXCEL FUNCTIONS TO ANSWER QUESTION

Year	Month	Attendance: Phantom Of The Opera
1997	1	48241
1997	2	47442
1997	3	61929
1997	4	49939
1997	5	49103
1997	6	62617
1997	7	48731
1997	8	63147
1997	9	44623
1997	10	47854
1997	11	58117
1997	12	49582
2003	1	36906
2003	2	32260
2003	3	44107
2003	4	43868
2003	5	39131
2003	6	55393
2003	7	46245
2003	8	56991
2003	9	34464
2003	10	42106
2003	11	50085
2003	12	41936

Apply the Forecast ETS function to generate predictions for each month in 2003 based on the data from 1997-2002 (i.e., not "rolling" forward for each forecast), and do not specify the length of the season (here we will let the tool guess). Compute the mean absolute deviation (MAD) of the forecast errors for 2003. (please round to the closest whole number) Apply the Forecast ETS function to generate predictions for each month in 2003 based on the data from 1997-2002 (i.e., not "rolling" forward for each forecast), this time be sure to indicate the length of the season so the tool doesn't have to guess. Compute the mean absolute deviation (MAD) of the forecast errors for 2003. (please round to the closest whole number)

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