statistics

posted by .

The tourist industry is subject to enormous seasonal variation. A hotel in North Queensland has recorded its occupancy rate for each quarter during the past 5 years. These data are shown in the accompanying table.

Table 1: Occupancy rate

Year 2004 2005 2006 2007 2008
Quarter 1 0.561 0.575 0.594 0.622 0.665
Quarter 2 0.702 0.738 0.738 0.708 0.835
Quarter 3 0.800 0.868 0.729 0.806 0.873
Quarter 4 0.568 0.605 0.600 0.632 0.670

What is the centered moving average that would correspond to Quarter 2 in 2006?

What is the adjusted seasonal index for Quarter 2 ______ % ?

The trend line for this decomposition model has been calculated to be (at 3 decimal places) Y = 0.650 + 0.004 T where T represents time. What is the coefficient of determination (R2) for this trend line?

1) 0.0932 (9.32%)
2) 0.3448 (34.48%)
3) 0.4554 (45.54%)
4) 0.7882 (78.82%)

What would be the forecast in Quarter 2, 2009 using the trend line previously given (i.e. Y = 0.650 + 0.004 T) and the relevant adjusted seasonal index?

If we exponentially smooth the data in Table 1 with the a smoothing constant of 0.1, the smoothed value for Quarter 3 in 2004 would be?

If we exponentially smooth the data in Table 1 with the a smoothing constant of 0.1, the forecast for Quarter 1 in 2009 would be?

Respond to this Question

First Name
School Subject
Your Answer

Similar Questions

  1. Algebra

    I have two questions... 1.Lenear system...If you are painting the white lines around the perimeter of a tennis court. You measure and find that the perimeter is 228ft and the lenght is 42ft longer that the width...I need to write a …
  2. math/algebra

    I need help in solving this word problem using linear system equation...I.m not sure how to start,,, A hotel rents a double occupanch room for $20 more than a single occupancy room. One night, the hotel took in $3115 after renting …
  3. statistics

    An animal trainer obtained the following sample data (Table A) in a study of reaction times of dogs (in seconds) to a specific stimulus. He then selected another group of dogs that were much older than the first group and measure their …
  4. Managerial Economics

    A CA resort offers year-round activities and the resort's operating costs are essentially the same in winter and summer. Mgmt charges higher nightly rates in the winter, when its average occupancy rate is 75%, than in the summer, when …
  5. Managerial Economics

    A CA resort offers year-round activities and the resort's operating costs are essentially the same in winter and summer. Mgmt charges higher nightly rates in the winter, when its average occupancy rate is 75%, than in the summer, when …
  6. statistics

    The tourist industry is subject to enormous seasonal variation. A hotel in North Queensland has recorded its occupancy rate for each quarter during the past 5 years. These data are shown in the accompanying table. Table 1: Occupancy …
  7. economics

    A New Hampshire resort offers year-around activities: in winter, skiing and other cold-weather activities; and in summer, golf, tennis, and hiking. The resort’s operating costs are essentially the same in winter and summer. Management …
  8. programming

    A hotel’s occupancy rate is calculated as follows: Occupancy rate = number of rooms occupied total number of rooms Write a program that calculates the occupancy rate for each fl oor of a hotel. The program should start by asking …
  9. Production & Operations Mgmt in Business

    If someone could help me, I am truly desperate here. I am struggle with this problem. – Simple Linear Regression Applications Interpretation and Use of Computer Output (Results) (1) The management of an international hotel chain …
  10. economics

    A New Hampshire resort offers year-round activities: in winter, skiing and other cold-weather activities; and in summer, golf, tennis, and hiking. The resort’s operating costs are essentially the same in winter and summer. Management …

More Similar Questions