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Unformatted text preview: criteria. : 0.66 b. Find best weights for three period weighted moving average if Bias is used as the evaluation criteria. : 0.8, 0.1, 0.1 IV. Regression analysis Assuming that revenue is a function of Room-nights sold, develop a linear regression model. How good is this model? Using this model predict revenue if room-nights sold is 675. Y=95.55694X-10744.60 Bias:-$35.25 MAD: $3906.45 NOTE : ♦ This is an individual assignment – but student groups can work together if they so desire. However each student should complete the final version of the analysis themselves. ♦ You can upload the assignment directly to Blackboard – Digital Dropbox. ♦ Use different worksheet for each analysis. ♦ Create a summary worksheet which includes answers to all questions listed above....
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This note was uploaded on 02/18/2008 for the course HADM 3301 taught by Professor Susskind during the Spring '07 term at Cornell.
- Spring '07