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a) Exhibit 11 below shows a time series plot of the hotel bookings for both cancellations and non- cancellations from July 2015 to August

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a) Exhibit 11 below shows a time series plot of the hotel bookings for both cancellations and non- cancellations from July 2015 to August 2017. Discuss any two of the time series components evident in the hotel bookings in Exhibit 11. 2500 Number of bookings 2000 1500 1000 500 0 4000 3500 3000 Exhibit 11 Hotel Bookings Jul-2015 Aug-2015 Sep-2015 Oct-2015 Nov-2015 Dec-2015 Jan-2016 Feb-2016 Mar-2016 Apr-2016 May-2016 Jun-2016 Jul-2016 Aug-2016 -Cancelled: No Sep-2016 Time Oct-2016 Nov-2016 Dec-2016 Jan-2017 Feb-2017 Cancelled: Yes Mar-2017 Apr-2017 May-2017 Jun-2017 Jul-2017 Aug-2017

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