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Compute the exponential and adjusted exponential smoothing forecast and linear trend forecasting. Compare it by MAD and E.The Bayside Fountain Hotel is adjacent to County Coliseum, a 24,000-seat arena that is home to the city's professional basketball team and ice hockey teams that hosts a variety of concerts, trade shows, and conventions throughout the year. The hotel has experienced the following occupancy rates for the past 9 years, since the coliseum opened:
Year Occupancy Rate (%)1 832 783 754 815 866 857 898 909 86
Compute an exponential smoothing forecast with a=.20, an adjusted exponential smoothing forecast with a=.20 and b=.20, and a linear trend forecast. Compare the three forecasts, using MAD and average error (E), and indicate which seems to be most accurate.
Compute the probability of exactly 0,1,2,3,4, and 5 arrivals per day.
Use suitable one or two sided test for null hypothesis of no difference in them then changes rating between groups at 0.10 significance level.
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Find the critical F value for the Following,
The sample information is reported below. At the .10 significance level can we conclude that there is a difference in the amounts quoted?
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