Use a single excel file with formulas within answer cells. Show formulas in Excel The ticketing office at a professional sports venue has noticed that ticket sales seem to fluctuate. The manager wants to introduce the strategy of demand-pricing in order to maximize attendance and therefor revenue. Based on historical sales, manager wonders if there is a connection between winning percentage (in decimal form) of the team and attendance (seats).Attendance (seats)Winning Percentage (decimal form)78,0000.689,0000.6793,0000.759,0000.565,0000.5597,0000.986,0000.675,0000.5591,0000.861,0000.52add these additional variables.Opponent’s winning percentage (decimal form)Conference vs. Non-conference0.7Non-Conference0.5Conference0.4Conference0.9Non-Conference0.6Non-Conference0.5Conference0.6Conference0.6Conference0.8Non-Conference0.5Non-ConferenceWhat is the forecasted attendance if winning percentage is 0.67, opponent’s winning percentage is 0.67 and it is a Non-Conference game?

Based on historical sales, the manager wants to introduce the strategy of demand-pricing in order to…

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MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

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Use a single excel file with formulas within answer cells. Show formulas in Excel

The ticketing office at a professional sports venue has noticed that ticket sales seem to fluctuate. The manager wants to introduce the strategy of demand-pricing in order to maximize attendance and therefor revenue. Based on historical sales, manager wonders if there is a connection between winning percentage (in decimal form) of the team and attendance (seats).

Attendance (seats)	Winning Percentage (decimal form)
78,000	0.6
89,000	0.67
93,000	0.7
59,000	0.5
65,000	0.55
97,000	0.9
86,000	0.6
75,000	0.55
91,000	0.8
61,000	0.52

add these additional variables.

Opponent’s winning percentage (decimal form)	Conference vs. Non-conference
0.7	Non-Conference
0.5	Conference
0.4	Conference
0.9	Non-Conference
0.6	Non-Conference
0.5	Conference
0.6	Conference
0.6	Conference
0.8	Non-Conference
0.5	Non-Conference

What is the forecasted attendance if winning percentage is 0.67, opponent’s winning percentage is 0.67 and it is a Non-Conference game?

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