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16.41 Newark College would like to include seasonality in its GPA forecasting model. The average GPA of the study body for each year was broken

16.41 Newark College would like to include seasonality in its GPA forecasting model. The average GPA of the study body for each year was broken down into the average GPA by semester (Fall, Spring, Summer) and can be found in excel file grade inflation by semester.xlsx.

GPA

Semester

Year

2.74

Fall

2006

2.94

Spring

2006

3.20

Summer

2006

2.65

Fall

2007

2.69

Spring

2007

3.11

Summer

2007

2.61

Fall

2008

2.98

Spring

2008

3.05

Summer

2008

2.87

Fall

2009

2.83

Spring

2009

3.26

Summer

2009

2.60

Fall

2010

2.85

Spring

2010

3.01

Summer

2010

2.92

Fall

2011

2.89

Spring

2011

3.33

Summer

2011

2.83

Fall

2012

3.15

Spring

2012

3.12

Summer

2012

2.78

Fall

2013

3.06

Spring

2013

3.37

Summer

2013

a) Using multiplicative decomposition, forecast the average GPA for the student body for each semester during 2014.

c. Calculate the MAD for this forecast

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