Forecast the quantity demand given that the price= 424, time-free = 9.6,

income = 2687.2 and South Bay = 201 and interpret price elasticity of demand.

Month Long Price Time-free Income South Bay Beach Jan-18 311 380 3.6 2558.1 365 Feb-18 1246 392 9.6 2583 289 Mar-18 285 371 2.4 2602.6 292 Apr-18 275 374 3.6 2640.9 336 May-18 1212 375 8.4 2628 350 Jun-18 228 364 3.6 2649.4 283 Jul-18 267 329 3.6 2654.1 268 Aug-18 228 331 3.6 2653.4 313 Sep-18 221 353 3.6 2652.2 329 Oct-18 136 386 8.4 2652.6 280 Nov-18 205 386 5.6 2655.5 278 Dec-18 187 377 3.6 2661.9 271 Jan-19 241 414 9.6 2656.3 302 Feb-19 233 424 9.6 2687.2 201 Mar-19 255 388 7.2 2680.3 203 Apr-19 225 361 6.6 2603.6 270 May-19 268 369 6.6 2676.8 282 Jun-19 183 387 7.2 2662.8 210 Jul-19 161 412 7.2 2682.2 272 Aug-19 170 404 7.2 2686.3 273 Sep-19 219 400 7.2 2683.3 220 Oct-19 165 433 7.2 2731 286 Nov-19 176 399 5.4 2710.5 339 Dec-19 201 381 3.6 2745.1 336