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A hotel manager wants to forecast business volume for weekends with special events. What tool would be most beneficial in this case?

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Answer:

The tool that would be most beneficial in forecasting business volume for weekends with special events in a hotel is time series analysis. Time series analysis is a statistical method used to analyze and forecast trends in data collected over time. By examining patterns in historical data, the hotel manager can use time series analysis to predict future business volumes for weekends with special events. This will allow the hotel better to plan staffing, inventory, and other resources to accommodate the expected demand.

Step-by-step explanation:

User Peter Bagyinszki
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