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Air travel data for Roman Airlines the past 9 (ix, in Romannumerals) weeks are shown below. Week passengers 459 455 452 446 439 429 432
Air travel data for Roman Airlines the past 9 (ix, in Romannumerals) weeks are shown below.
Week passengers
- 459
- 455
- 452
- 446
- 439
- 429
- 432
- 428
- 425
- Calculate the formula for the trend line, using these data. Show your work in obtaining this formula.
- What is your forecast for week 12 using the trend line equation form part b?
- What are your forecasts for period 8 and 10 using the five-period moving (unweighted).
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