No need to answer everything! Just plot the actual visitors and the forecasts. Compare the accuracy of the forecasts in the 1985 to 1990 period with those subsequent to that period. The data shown in the following table represent visitors to the Hawaiian Islands over the past several years, by quarter. Use thedata for the first five years to estimate the seasonal and trend factors. Then build an exponential smoothing model (incorporatingboth trend and seasonal factors) to provide for the forecasts of the remaining periods. Plot the actual visitors and the forecasts.Compare the accuracy of the forecasts in the 1985 to 1990 period with those subsequent to that period.Thousands of PersonsSecondThirdFourthAnnualFirst QuarterYearQuarterQuarterQuarterVisitors19801,004.8942.91,047.3939.53,934.51981959.0984.51,042.3948.83,934.619821,054.01,048.71,110.71,029.54,242.919831,069.91,071.51,146.41,080.24,368.019841,218.51,206.81,222.91,207.44,855.619851,301.51,129.61,266.91,186.24,884.219861,393.21,421.21,450.91,341.85,607.119871,448.91,370.01,555.21,425.85,799.919881,484.91,488.21,635.61,533.76,142.419891,683.71,605.11,754.81,598.36,641.919901,714.81,724.41,879.91,652.26,971.319911,509.51,727.21,958.31,678.96,873.919921,622.21,598.01,703.61,590.16,513.919931,559.61,476.31,588.91,499.56,124.319941,615.61,527.71,692.71,594.36,430.319951,621.91,582.21,796.51,632.26,632.8

*Answer: Given details: Find the Given details for Seasonal and trend factors: Given details:…

Thousands of Persons nd ter Third Fourth Annual Quarter Quarter Visitors 1,047.3 939.5 3,934.5 1,042.3 948.8 3,934.6 3.7 1,110.7 1,029.5 4,242.9 1.5 1,146.4 1,080.2 4,368.0 5.8 1,222.9 1,207.4 4,855.6 2.6 1,266.9 1,186.2 4,884.2 1.2 1,450.9 1,341.8 5,607.1 .0 1,555.2 1,425.8 5,799.9 88.2 1,635.6 1,533.7 6,142.4 05.1 1,754,8 1.598,3 6,641.9

Thousands of Persons nd ter Third Fourth Annual Quarter Quarter Visitors 1,047.3 939.5 3,934.5 1,042.3 948.8 3,934.6 3.7 1,110.7 1,029.5 4,242.9 1.5 1,146.4 1,080.2 4,368.0 5.8 1,222.9 1,207.4 4,855.6 2.6 1,266.9 1,186.2 4,884.2 1.2 1,450.9 1,341.8 5,607.1 .0 1,555.2 1,425.8 5,799.9 88.2 1,635.6 1,533.7 6,142.4 05.1 1,754,8 1.598,3 6,641.9

College Algebra

1st Edition

ISBN:9781938168383

Author:Jay Abramson

Publisher:Jay Abramson

Chapter6: Exponential And Logarithmic Functions

Section6.8: Fitting Exponential Models To Data

Problem 3TI: Table 6 shows the population, in thousands, of harbor seals in the Wadden Sea over the years 1997 to...

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