Question: PRACTICE QUESTIONS Illustration 1 : Consider the following data relating to the financial performance of a hospital in Nairobi City in the last 1 2

PRACTICE QUESTIONS Illustration 1: Consider the following data relating to the financial performance of a hospital in Nairobi City in the last 12 months: Month Bed Occupancy (%) Net Profit (ksh Millions) January 8814 February 7411 March 6513 April 7113 May 8417 June 8016 July 8918 August 7614 September 9122 October 9425 November 8223 December 9020 Required: Forecast the net profit that would be made if the hospital operated at 110% occupancy using OLS method.

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