Q1

2005 2006 2007 2008 2009 2010 SWU FO

34200 36100 35900 41900 42500 46900 50000
39800 40200 46500 46100 48200 50100 45000
38200 39100 43100 43900 44200 45900 40000 34840 35
26900 25300 27900 30100 33900 36300 35000

ATTENDANCE
35100 36200 39200 40500 47800 49900 30000
25000
Year X Y 20000
15000
2005 1 34840
10000
2006 2 35380
5000
2007 3 38520 a= 31660 0
2008 4 40500 b= 2305.714 2004 2005 2
2009 5 43320
2010 6 45820 Y= a+bX
Y= 31660+2305.714X
Year Y Where Y is attendance and X is the time period (X = 1 for 2005,
2005 34840
2006 35380 r= 0.990296
2007 38520 r^2= 0.980687
2008 40500 For this model, r2 = 0.98 which indicates this model is very acc
2009 43320
2010 45820 Attendance in 2011 is projected to be
Y = 31660 + 2305.714(7) = 47,800
Attendance in 2012 is projected to be
Y = 31660 + 2305.714(8) = 50,105
At this rate, the stadium, with a capacity of 54,000, will be “ma

Q2
Based upon the projected attendance and tickets prices of $20 in 2011 and $21 (a 5% increase) in 2012, the projected revenue
47,800(20) = $958,000 in 2011 and
50,105(21) = $1,052,205 in 2012.

Q3
The school might consider another expansion of the stadium, or raise the ticket prices more than 5% per year.
Another possibility is to raise the prices of the best seats while leaving the end zone prices more reasonable.
 SWU FOOTBALL ATTENDANCE
50000 45820
43320
45000 40500
38520
40000 34840 35380
35000 SUMMARY OUTPUT
ATTENDANCE

30000
25000 Regression Statistics
20000 Multiple R 0.990296
15000
R Square 0.980687
10000
Adjusted R 0.975858
5000
0
Standard E 676.7992
2004 2005 2006 2007 2008 2009 2010 2011 Observatio 6
YEARS
ANOVA
df SS
the time period (X = 1 for 2005, 2 for 2006, etc.). Regression 1 93035571
Residual 4 1832229
Total 5 94867800

h indicates this model is very accurate Coefficients

Standard Error
Intercept 31660 630.0658
X Variable 2305.714 161.786

a capacity of 54,000, will be “maxed out” (filled to capacity) in 2014.

) in 2012, the projected revenues are:

an 5% per year.
re reasonable.
 MS F Significance F
93035571 203.1091 0.000141
458057.1

t Stat P-value Lower 95%Upper 95%

Lower 95.0%
Upper 95.0%
50.24872 9.39E-07 29910.66 33409.34 29910.66 33409.34
14.25163 0.000141 1856.524 2754.904 1856.524 2754.904