Problem 1 Chicago White Sox

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1. Here are the Chicago White Sox attendance figures for their 82 home games from 1995 through 2006.

Year                       Attendance                                                        Year                       Attendance

1995                       1,609,773                                                             2001                       1,766,172

1996                       1,676,416                                                             2002                       1,676,416

1997                       1,865,222                                                             2003                       1,939,594

1998                       1,391,146                                                             2004                       1,930,537

1999                       1,338,851                                                             2005                       2,342,834

2000                       1,947,799                                                             2006                       2,957,414

Predict the White Sox attendance for 2007.

 

Please Show all formula use to get the attendance for 2007

 

Now examine the division place and the number of wins for the White Sox from 1995 through 2006

Year                                       Wins                      Games Behind

1995                                       68                           32

1996                                       85                           14

1997                                       80                           6

1998                                       80                           9

1999                                       75                           21

2000                                       95                           +5

2001                                       83                           8

2002                                       81                           13

2003                                       86                           4

2004                                       83                           9

2005                                       99                           ___

2006                                       90                           6

a. Which is more important for predicting the attendance, the previous year or the current year?

b. What factors would you consider as influencing the sporting event attendance?

c. What forecasting model would you use to best predict the White Sox attendance?

 

Show all formula use

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