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TABLE 16-12
The manager of a health club has recorded average attendance in newly introduced step 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
-Referring to Table 16-12, using the second-order model, the forecast of average attendance for month 16 is _____.
Medicare Program
A federal health insurance program in the United States for people aged 65 and older, as well as for younger individuals with certain disabilities.
Insurance
A financial product that provides protection against the risk of financial losses, covering areas like health, property, and life.
Water Guns
Toy guns designed to shoot water with varying degrees of force, often used for recreation and play, especially in warm weather.
Alabama National Guard
A component of the U.S. National Guard based in Alabama, serving both state and federal governments in emergency situations and military conflicts.
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