The following is a set of operational information about a local motel during the past...
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Accounting
The following is a set of operational information about a local motel during the past years. The motel has 200 rooms in its property. It operates 365 days every year. (Ignore the leap year in calculation process.) Please be advised that the Year "n" is the most recent year.
Year Occupancy Rate ADR
n - 5 70% $120
n - 4 72% $130
n - 3 69% $170
n - 2 70% $168
n - 1 68% $174
n 72% $180
n + 1
n + 2
Using the method of 3-Year Moving Average, project the occupancy rate of the motel in next year (Year "n + 1").
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