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Develop a point forecast

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Reference no: EM133230760

Suppose it's the beginning of August 2013 and you want to predict the number of check-ins for September 15th, 2013. Use this model to develop a point forecast.

Note that September 15th, 2013 falls on a Sunday, and because it is the 15th of the month, it serves as a proxy for payday. We anticipate the arrival of 2,071 Total Rewards guests; 1,066 Special Event guests; 999 VIPs; 616 Free Independent guests; 428 Wholesale guests; and 463 Group guests. The expected room rate for this date is approximately $140 per night. This information is listed in column I for reference.

Reference no: EM133230760

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