Instruction 14-15
The manager of a health fitness club has recorded average attendance in newly introduced Zumba classes over the last 15 months: 32.1,39.5,40.3,46.0,65.2,73.1,83.7,106.8,118.0,133.1,163.3,182.8,205.6,249.1,and 263.5.She then used Microsoft Excel to obtain the following partial output for both a first- and second-order autoregressive model.
SUMMARY OUTPUT - 2nd Order Model
Regression Statistics
SUMMARY OUTPUT - Order Model
Regression Statistics
-Referring to Instruction 14-15,using the first-order model,the forecast of mean attendance for month 17 is ________.
Correct Answer:
Verified
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