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Multiplicative Seasonal Relatives PDF
Multiplicative Seasonal Relatives PDF
A company provides parking service for which it keeps the daily data of the parking usage. The demand
for the parking lot has been growing over time and the company wants to shift to a larger parking area.
The current parking lot contains a day-level seasonal variation, and the company expects a similar
variation at the larger parking lot. Identify the seasonal relatives and find a deseasonalized regression
equation for forecasting.
The parking data for number of vehicles on each day is provided in the file seasonalityData.xlsx. Predict
the demand in the month of December.