2, LAMDA ple is a long-established private transport operator that provides a computer transit link between an airport and the center of a large city. The following data has been taken from the sales records of LAMDA ple for the last two year:
2, LAMDA ple is a long-established private transport operator that provides a computer transit link between an airport and the center of a large city. The following data has been taken from the sales records of LAMDA ple for the last two year:
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter4: Equations Of Linear Functions
Section4.5: Correlation And Causation
Problem 2AGP
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![2, LAMDA ple is a long-established private transport operator that provides a computer
transit link between an airport and the center of a large city.
The following data has been taken from the sales records of LAMDA ple for the last two year:
Quarter Number of passengers carried
Year 2
Year 1
15,620
15,640
16,950
34,840
1
34,100
29,920
29,550
56,680
4
The trend equation for the number of passengers carried has been found to be X = 10,000 + 4,2009
You are required;
a. Calculate the trend value for each
b. Find the seasonal value using additive model
c. What would be the sales quantity for quarter 2 of year 3 if seasonal factor is
adjusted to 115%.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F9bf6aca4-d27a-4ae5-9bb1-c7538f44acee%2F5cc8cb4a-de51-44ef-9c2e-904d889da863%2Fet6mofh_processed.jpeg&w=3840&q=75)
Transcribed Image Text:2, LAMDA ple is a long-established private transport operator that provides a computer
transit link between an airport and the center of a large city.
The following data has been taken from the sales records of LAMDA ple for the last two year:
Quarter Number of passengers carried
Year 2
Year 1
15,620
15,640
16,950
34,840
1
34,100
29,920
29,550
56,680
4
The trend equation for the number of passengers carried has been found to be X = 10,000 + 4,2009
You are required;
a. Calculate the trend value for each
b. Find the seasonal value using additive model
c. What would be the sales quantity for quarter 2 of year 3 if seasonal factor is
adjusted to 115%.
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