Question: Question (4): Answer the following problem : (10 marks) Amusement Park , is a waterpark activit y , experiences seasonal attendance. It has collected two
Question (4): Answer the following problem: (10 marks)
Amusement Park , is a waterpark activity, 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.
Amusement Park attendance
Days/Week | Week 1 | Week 2 |
Saturday | 500 | 600 |
Sunday | 110 | 80 |
Monday | 90 | 60 |
Tuesday | 100 | 50 |
Wednesday | 100 | 140 |
Thursday | 400 | 370 |
Friday | 700 | 800 |
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