1) Raj collected the following data on the quarterly room occupancy (in hundreds) for a resort hotel in lowa. Year quarter Occupancy 2014 1 2 3 4 2015 1 2 3 4 2016 1 2017 2 3 4 1 2 3 4 2018 1 2 3 4 16 21 9 18 15 20 10 18 17 24 13 22 17 25 11 21 18 26 14 25 1. Plot the data and describe any trend and seasonal effects you observe in the data. 1. Compute and interpret the seasonal indices. 1. Forecast the occupancy for four quarters of 2019.

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1) Raj collected the following data on the quarterly room occupancy (in hundreds) for a resort hotel in lowa.
Year quarter Occupancy
2014 1
2
3
4
2015 1
2
3
st
4
2016 1
2
3
4
2017 1
2
3
4
2018 1
2
3
4
16
21
9
18
15
20
10
18
17
24
13
22
17
25
11
21
18
26
14
25
1. Plot the data and describe any trend and seasonal effects you observe in the data.
1. Compute and interpret the seasonal indices.
1. Forecast the occupancy for four quarters of 2019.
Transcribed Image Text:1) Raj collected the following data on the quarterly room occupancy (in hundreds) for a resort hotel in lowa. Year quarter Occupancy 2014 1 2 3 4 2015 1 2 3 st 4 2016 1 2 3 4 2017 1 2 3 4 2018 1 2 3 4 16 21 9 18 15 20 10 18 17 24 13 22 17 25 11 21 18 26 14 25 1. Plot the data and describe any trend and seasonal effects you observe in the data. 1. Compute and interpret the seasonal indices. 1. Forecast the occupancy for four quarters of 2019.
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