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SCENARIO 16-11 the Manager of a Health Club Has Recorded

Question 16

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SCENARIO 16-11 The manager of a health club has recorded mean attendance in newly introduced step classes over the last 15 months: 32.1, 39.5, 40.3, 46.0, 65.2, 73.1, 83.7, 106.8, 118.0, 133.1, 163.3, 182.8, 205.6, 249.1, and 263.5.She then used Microsoft Excel to obtain the following partial output for both a first- and second-order autoregressive model. SUMMARY OUTPUT - SCENARIO 16-11 The manager of a health club has recorded mean attendance in newly introduced step classes over the last 15 months: 32.1, 39.5, 40.3, 46.0, 65.2, 73.1, 83.7, 106.8, 118.0, 133.1, 163.3, 182.8, 205.6, 249.1, and 263.5.She then used Microsoft Excel to obtain the following partial output for both a first- and second-order autoregressive model. SUMMARY OUTPUT -   Order Model   SUMMARY OUTPUT - 1   Order Model   -Referring to Scenario 16-11, using the first-order model, the forecast of mean attendance for month 16 is __________. Order Model SCENARIO 16-11 The manager of a health club has recorded mean attendance in newly introduced step classes over the last 15 months: 32.1, 39.5, 40.3, 46.0, 65.2, 73.1, 83.7, 106.8, 118.0, 133.1, 163.3, 182.8, 205.6, 249.1, and 263.5.She then used Microsoft Excel to obtain the following partial output for both a first- and second-order autoregressive model. SUMMARY OUTPUT -   Order Model   SUMMARY OUTPUT - 1   Order Model   -Referring to Scenario 16-11, using the first-order model, the forecast of mean attendance for month 16 is __________. SUMMARY OUTPUT - 1 SCENARIO 16-11 The manager of a health club has recorded mean attendance in newly introduced step classes over the last 15 months: 32.1, 39.5, 40.3, 46.0, 65.2, 73.1, 83.7, 106.8, 118.0, 133.1, 163.3, 182.8, 205.6, 249.1, and 263.5.She then used Microsoft Excel to obtain the following partial output for both a first- and second-order autoregressive model. SUMMARY OUTPUT -   Order Model   SUMMARY OUTPUT - 1   Order Model   -Referring to Scenario 16-11, using the first-order model, the forecast of mean attendance for month 16 is __________. Order Model SCENARIO 16-11 The manager of a health club has recorded mean attendance in newly introduced step classes over the last 15 months: 32.1, 39.5, 40.3, 46.0, 65.2, 73.1, 83.7, 106.8, 118.0, 133.1, 163.3, 182.8, 205.6, 249.1, and 263.5.She then used Microsoft Excel to obtain the following partial output for both a first- and second-order autoregressive model. SUMMARY OUTPUT -   Order Model   SUMMARY OUTPUT - 1   Order Model   -Referring to Scenario 16-11, using the first-order model, the forecast of mean attendance for month 16 is __________.
-Referring to Scenario 16-11, using the first-order model, the forecast of mean attendance for month 16 is __________.

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