Question b. Movieflix, an online movie streaming service that offers a wide variety of award-winning TV shows, movies, animes, and documentaries, would like to determine the mathematical trend of...

Question

b. Movieflix, an online movie streaming service that offers a wide variety of award-winning TV shows, movies, animes, and documentaries, would like to determine the mathematical trend of memberships in order to project future needs.

(i) Use the following time series data, to develop a regression equation relating memberships to time.

(ii) Forecast 2023 membership.

(iii) Assuming the COVID-19 pandemic comes to an end in 2021, in your opinion, how will this affect membership? Why? How will this affect your prediction?