Develop a forecasting model, justifying its selection over other techniques, and project attendance through 2007.

Master planning assignment 2 for Bsop330 Week 2, southwestern University

A time-series forecasting method is recommended to predict attendance up through 2007. The time-series forecasting model is well-suited to this task as it considers the past data and then uses it to project future values. The technique can also detect cyclical patterns within the data. This is useful if there are seasonal variations in attendance or holidays. Regression analysis, while providing useful insight, cannot capture long-term trends like the time series model. Based on the increasing number of visitors in 2003 to 2005, this method would predict an increase in attendance for each year through 2007.

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