TABLE 16-11 The Manager of a Health Club Has Recorded Mean Attendance

question 109

Short Answer

TABLE 16-11
The manager of a health club has recorded mean 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.
-Referring to Table 16-11, using the first-order model, the forecast of mean attendance for month 16 is ________.

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Definitions:

Bodily Injuries

Physical harm or damage to a person's body caused by an accident or violence.

Coverage

Refers to the extent of protection provided under an insurance policy, including what risks, individuals, or properties are protected against.

Auto Insurance

A type of insurance policy that protects the policyholder against financial loss in the event of an accident involving a vehicle they own, covering liabilities, damages, and possibly medical expenses.

Hole

An opening through something or an empty space in a solid body or surface.