SWU Attendance A1: Graph the data to see whether a linear equation might describe the SWU Attendance

Following is the graph of the actual attendance during different games.

Attendence in past games

55000 50000 45000 40000

Attendence

35000 30000 25000 20000 1 5000 1 0000 5000 0 1 2 3 4 5 6 7 8 9 1 0 1 1 1 2 1 3 1 4 1 5 1 6 1 7 1 8 1 9 20 21 22 23 24 25 26 27 28 29 30

Period
Actual value (Y)
It can be seen that the data follows a seasonal pattern and a linear equation ma not correctl e!plain the SWU attendance. A". #alculate the SS$% SS& and SS' Following are the (alues of SS$%SS& and SS' calculated using )icrosoft &!cel. $his is found using linear regression. df 1 "/ "SS ,-,.-1/01.0 -,/121110.. 1,,"".,333

&!plained *SS'+ Une!plained *SS&+ $otal*SS$+

A,. Find the least squares regression equation for this data As the data clearl follows a seasonal pattern% we use )ultiplicati(e decomposition model*Using &!celmodules add in+ for forecasting. Using this model% following is the regression equation. 'egression equation: Attendance in period t4 ,""20./",502".,-.6t A0. 7ustif model *calculate correlation+ #orrelation is calculated using data anal sis tool of )icrosoft &!cel. Following is the (alue. )ultiple ' 3.10,.31

A1. Attendance for "33, and "330 Forecasts for future periods

"33,

"330

8eriod ,1 ," ,, ,0 ,1 ,. ,2 ,/ ,03

Forecast 0/3-/.01" 11311."/. 11011.11" ,.111.1/1 0-11/./,1311-.2." 122--.",3 1,--3.11/ ,2//3.,-1 11-12.1",

91. 'e(enue for "33, For year 2003 at price of $20/Ticket Period ! 2 3 & ( Expected attendance 0/3-/.01" 11311."/. 11011.11" ,.111.1/1 0-11/./,evenue $ "#!$"#% $ !$!0!$!0# $ !$02"$023 $ '22$3!2 $ ""!$!''

9". 'e(enue for "330 With 1: increase in tic;et price% for ear "330% the tic;et price would be <"1. For year 200& at price of $2!/Ticket Period ! 2 3 & ( Expected attendance (0(!")'#2 (''"")230 (3""0)!(% 3'%%0)3"( (!"(')!23 evenue $ !$0#0$"!( $ !$2!3$'%& $ !$!33$'"3 $ '"($&%% $ !$0"!$!00

#. School =ptions > It can be seen from the forecast that SWU will run out of space for the homecoming game in "33,. $hus% ?r. Starr should start fund raising campaign for a stadium e!pansion pro@ect. Although there is a chance of attendance dropping sharpl if the new coach does not achie(e what is e!pected of him.