
Concept explainers
ToDetermine:The choice for best prediction for attendance on the 8th day
A 11,800 C 12,100
B 12,000 D 11,700

Answer to Problem 25STP
B 12,000.
Explanation of Solution
Given Information:
The
Calculation:
Day 1 number of attendance is 13,400
Day 3 number of attendance is 13,000
So, we can see that every 2 days the number of attendance decrease by 400.
Similarly, between 5th and 3rd day, the number of attendance also decreased by 400.
Thus we can conclude that every 2 days the number of attendance decreased by 400.
So , the number of attendance decreased from 7th to 8th day =4002=200
Attendance on the 8th day =12,200-200=12,000
Chapter 1 Solutions
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