The Bayside Fountain Hotel is adjacent to County Coliseum, a 24,000-seat arena that is home to the
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Year .......... Occupancy Rate (%)
1 ................ 83
2 ................ 78
3 ................ 75
4 ................ 81
5 ................ 86
6 ................ 85
7 ................ 89
8 ................ 90
9 ................ 86
Compute an exponential smoothing forecast with a = .20, an adjusted exponential smoothing forecast with α = .20 and β = .20 and a linear trend line forecast. Compare the three forecasts, using MAD and average error ( ), and indicate which seems to be most accurate.
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