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The Badrutt's Palace Hotel St . Moritz which is one of the best Alpine hotels in Switzerland has provided you with their quarterly bookings data

The Badrutt's Palace Hotel St. Moritz which is one of the best Alpine hotels in
Switzerland has provided you with their quarterly bookings data over the last 6 years
as follows:
Required:
i) Calculate the seasonal indices for each season using multiplicative index
Marks)
ii) Forecast the demand for each season of the year 2023 given that the annual
demand forecast is 324,000 units.
(2 Marks)
iii) Deseasonalize the actual demand data (2017-2022) above using the seasonal
indices obtained in (a) above.
Marks)
iv) Generate OLS equation using the Deseasonalized data in (iii) above (in thousand
units)
(3 Marks)
(Total: 10 Marks)

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