Answer Happy

10- Use the model obtained in parts 4 and make forecasts for the
following months.
Period


Price

AIP

ADV
Oct. 2021


$7.50

$7.25
$12.9
Nov. 2021


$7.75

$7.30
$13.5
Dec. 2021


$7.90

$7.75
$13.7
11- Provide a brief conclusion based on above analysis.
Month/Yr. Aug. 2019 Jan. 2020 Jan. 2021 Jan. 2022 May-22 Jun-22 Jul-22 PERIOD PRICE AIP DIFF ADV 1 6.1 5.8 -0.3 5.3 2 5.75 6 0.25 6.75 3 5.7 6.3 0.6 7.25 4 5.7 5.7 0 7.3 5 5.6 5.85 0.25 7.2 6 5.6 5.8 0.2 6.5 7 5.6 5.75 0.15 6.75 8 6.3 5.85 -0.45 6.89 9 6.4 5.65 -0.75 5.8 10 6.2 6 -0.2 5.5 11 5.9 6.1 0.2 6.5 12 5.9 6 0.1 6.25 13 5.7 6.1 0.4 7 14 5.75 6.2 0.45 6.9 15 5.75 6.1 0.35 6.8 16 5.8 6.1 0.3 6.8 17 5.7 6.2 0.5 7.1 18 5.8 6.3 0.5 7 19 5.7 6.1 0.4 7.2 20 5.8 5.75 -0.05 7.5 21 5.8 5.75 -0.05 7.8 22 5.75 5.65 -0.1 8.2 23 5.7 5.9 0.2 8.3 24 5.55 5.65 0.1 8.4 25 5.6 6.1 0.5 8.9 26 5.65 6.25 0.6 9.1 27 5.7 5.65 -0.05 9.3 28 5.75 5.75 0 9.4 29 5.8 5.85 0.05 9.3 30 5.3 6.25 0.95 9.4 31 5.4 6.3 0.9 9.5 32 5.7 6.4 0.7 9.6 33 5.9 6.5 0.6 9.7 34 35 36 DEMAND 14.3 15.3 16.7 16.2 16.1 15.5 15.2 13.7 13.0 12.8 13.6 14.7 15.3 16.4 17.8 17.7 17.4 17.0 16.7 16.1 15.9 15.9 16.2 17.7 18.2 19.0 19.8 20.2 19.9 19.7 19.3 18.4 18.3 I I