Ed Norris has developed a Web site for his used textbook business at State University. To sell advertising he needs to forecast the number of site visits he expects in the future. For the last 6 months he has had the following number of site visits:
Month 1 2 3 4 5 6
Site Visits 6,300 10,200 14,700 18, 500 25, 100 30, 500
Determine a forecast for Ed to use for month 7 and explain the logic used to develop your forecast.
Time series trend analysis of site visits and forecast.