Ray Anderson owner of Anderson Ski Lodge in upstate New York

Ray Anderson, owner of Anderson Ski Lodge in upstate New York, is interested in forecasting the number of visitors for the upcoming year. The following data are available, by quarter, from the first quarter of 2007 to the fourth quarter of 2013.

How many visitors would you expect for each quarter of 2014, if Ray projects that there will be a 10% increase from the total number of visitors in 2013? (Round forecast to 2 decimal places and index to 4 decimal places.)

etermine the trend equation, project the number of visitors for 2014, and seasonally adjust the forecast.(Round your Index answers to 4 decimal places and other answers to 2 decimal places.)

Year Quarter Visitors Year Quarter Visitors
  2007 I 86 2011 I 188
II 62 II 172
III 28 III 128
IV 94 IV 198
  2008 I 106 2012 I 208
II 82 II 202
III 48 III 154
IV 114 IV 220
  2009 I 140 2013 I 246
I 120 II 240
III 82 III 190
IV 154 IV 252
  2010 I 162
II 140
III 100
IV 174

Solution

Ray Anderson, owner of Anderson Ski Lodge in upstate New York, is interested in forecasting the number of visitors for the upcoming year. The following data are

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