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***Please provide a clear step-by-step solution. Thank you! A university in the North-East region is reviewing the need for a possible expansion of their basketball
***Please provide a clear step-by-step solution. Thank you!
A university in the North-East region is reviewing the need for a possible expansion of their basketball stadium. Currently, the stadium has a top capacity of 10,000 attendees. The senior management decided the stadium will potentially go for an expansion if the prediction shows the attendees will exceed the capacity.
Question 3. Case Study A university in the North-East region is reviewing the need for a possible expansion of their basketball stadium. Currently, the stadium has a top capacity of 10,000 attendees. The senior management decided the stadium will potentially go for an expansion if the prediction shows the attendees will exceed the capacity. Following is the data: 2015 2016 2017 2018 2019 2020 Game Attendees Attendees Attendees Attendees Attendees Attendees 4260 1830 4770 6570 $750 8070 5940 6060 7950 7830 8460 9030 5460 5730 6930 7170 7260 7770 AWN 2970 2790 3570 3030 4170 4890 4530 1860 5760 6150 8340 8970 Sample: Calculation using Excel Game I Actual Predict 2015 4260 2016 2 4830 2017 3 4770 2018 4 6570 2019 5 6750 2020 6 8070 2021 7 3536 2022 8 9296 Intercept (C) 3214 XVariable (m) 760.29 Y =m(X) + C . For the 7 year (2021): 760.29 (X=7) + 3214 = 8536 For the 80 year (2022): 760.29 (X=8) + 3214 =9296QUESTION 1 QUESTION 4 What is the Game 2 prediction for 2021 and 2022? What is the Game 5 prediction for 2021 and 2022? Attendees prediction for 2021: 9798 O Attendees prediction for 2021: 7738 . Attendees prediction for 2022: 10442 . Attendees prediction for 2022: 9682 O Attendees prediction for 2021: 12798 O Attendees prediction for 2021: 9738 . Attendees prediction for 2022: 14442 Attendees prediction for 2022: 10682 O Attendees prediction for 2021: 8798 O . Attendees prediction for 2021: 1 1738 Attendees prediction for 2022: 10142 Attendees prediction for 2022: 12682 O O . Attendees prediction for 2021: 10798 . Attendees prediction for 2021: 9938 Attendees prediction for 2022: 1 1682 Attendees prediction for 2022: 9442 QUESTION 2 What is the Game 3 prediction for 2021 and 2022? QUESTION 5 O Attendees prediction for 2021: 858 Which year the stadium will exceed the capacity (10,000 attendees)? Attendees prediction for 2022: 10226 O 2020 O Attendees prediction for 2021: 8358 O 2021 Attendees prediction for 2022: 8826 O 2022 O 2023 Attendees prediction for 2021: 9358 Attendees prediction for 2022: 9826 O Attendees prediction for 2021: 8758 Attendees prediction for 2022: 9826 QUESTION 3 What is the Game 4 prediction for 2021 and 2022? O Attendees prediction for 2021: 5890 Attendees prediction for 2022:6267 O Attendees prediction for 2021: 6890 Attendees prediction for 2022: 8267 O Attendees prediction for 2021: 8890 Attendees prediction for 2022: 7267 O Attendees prediction for 2021: 4890 Attendees prediction for 2022: 5267Step by Step Solution
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