Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Forecasting:
(a) All forecasts are never 100% accurate but subject to error.
(b) Consider the following table of monthly sales of car tyres by a local company:
Month
Unit Sales
January
400
February
500
March
540
April
560
May
600
June
?
(i) Using a 2-month moving average develop forecasts sales for March to June inclusive.
(ii) Using a 2-month weighted moving average, with weights of 2 for the most recent month and 1 for the previous month develop forecasts sales for March to June inclusive.
(iii) The sales manager had predicted sales for January of 400 units. Using exponential smoothing with a weight of 0.3 develop forecasts sales for March to June inclusive.
(iv) Which of the three techniques gives the most accurate forecasts? How do you know?
(c) Describe the four patterns typically found in time series data. What is meant by the expression "decomposition" with regard to forecasting? Briefly describe the process.
a random variable x takes values between 0 and 4 with a cumulative distribution functionfx x216 for 0 x 4a sketch
Medium-sized college town were surveyed, and it was found that 110 were regular voters. Estimate the true proportion of regular voters with 90% confidence and comment on your results.
If we decrease the level of significance a (alpha) from 0.05 to 0.01, that means we are: More willing to accept a type II error;
Two components of reliability 0.95 are in parallel and this subsystem is connected in series to a component with a reliability of 0.90. Calculate the overall reliability of this system.
a particular multiple regression model has 3 independent variables the sum of the squared error is 7680 and the total
1.i want to know which of two manufacturing methods will be better. i create 10 prototypes using the first process and
q1. explain the difference between multiple independent variables and multiple levels of independent variables. which
On average, the size of the difference between the sample mean and the population mean is predicted by:
Whats the most appropriate procedure for evaluating the relationship between tenure and divorce and what is the correlation and how can it be interpreted in terms of magnitude, direction and practical importance?
Research the topic of Job Satisfaction using the Business Source Premier Database (EBSCO) and/or the ABI Inform Global database in the Library using the instructions linked here.
Prepare the confidence interval of 95% for the welders' proportion that graduated in the school of welding.
A sample of 19 albino Hungarian banded aardvarks was examined for nose length. Since this is a small sample, how various degrees of freedom will be used to find the t-score.
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd