Show all your calculations where applicable.  A hotel’s monthly occupancy rate (measured as a percentage of rooms available) is reported as follows for a nine (9)-month period: Months     Sep     Oct     Nov     Dec     Jan     Feb     Mar     Apr     May       Occupancy (%)     74     82     70     90     88     74     64     69     58    Calculate the trend line for the hotel occupancy rate data above.    INSTRUCTION: You MUST make use one of the Time series formulae in the formulae sheet and the template below to obtain full marks: Occupancy rate  (y)     Months  (x)     x2     xy

College Algebra
1st Edition
ISBN:9781938168383
Author:Jay Abramson
Publisher:Jay Abramson
Chapter3: Functions
Section3.3: Rates Of Change And Behavior Of Graphs
Problem 27SE: Table 4 gives the population of a town (in thousand) from 2000 to 2008. What was the average rate of...
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Show all your calculations where applicable. 

A hotel’s monthly occupancy rate (measured as a percentage of rooms available) is reported as follows for a nine (9)-month period: Months 

 

 Sep 

 

 Oct 

 

 Nov 

 

 Dec 

 

 Jan 

 

 Feb 

 

 Mar 

 

 Apr 

 

 May 

 

  

Occupancy (%) 

 

 74 

 

 82 

 

 70 

 

 90 

 

 88 

 

 74 

 

 64 

 

 69 

 

 58 

 

Calculate the trend line for the hotel occupancy rate data above. 

 

INSTRUCTION: You MUST make use one of the Time series formulae in the formulae sheet and the template below to obtain full marks: Occupancy rate 

(y) 

 

 Months 

(x) 

 

 x2 

 

 xy 

 

  

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