Question: Question (1): Solve the following problem: (10 marks) a- State the Common features that describe principles of forecasting. (2 marks) b- The lost Paradise of

Question (1): Solve the following problem: (10

Question (1): Solve the following problem: (10 marks) a- State the Common features that describe principles of forecasting. (2 marks) b- The lost Paradise of Dilmun Park in Bahrain is a waterpark activities, experiences seasonal attendance. It has collected two weeks of attendance data and made a forecast of weekly attendance for the coming week. Compute the seasonal indexes for the days /week and generate forecasts for the coming week, assuming weekly attendance for the coming week to be 2300 person. (8 marks) Wahoo water Park attendance Days/Week Saturday Sunday Monday Tuesday Wednesday Thursday Friday Week 1 500 110 90 100 100 400 700 Week 2 600 80 60 50 140 370 800

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