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You are examining the errors of a monthly one-step-ahead forecasting model that you have been using for eight years. You have 96 months of forecasts, realizations, and errors. You plot the errors and calculate the correlogram for these errors and find the following: Does the output below suggest that the forecasts have been optimal forecasts?
LAG AC PAC Q.Stat Prob
1 .580 .580 102.79 0
2 .030 -.461 103.06 0
3 -.316 -.141 133.85 0
4 -.368 -.056 175.66 0
The crowdedness of the city is fixed, and has no relationship to the distance from the central business district. In other words, as we go further and further from the central business district, the level of crowdedness of the apartments remain un..
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It contained a description of a new product announcements for the next two years. Not only was it intended for a small circle of senior executives but it also answered the questions she had recently proposed to an external research firm.
International Drilling Company segments its foreign markets by the income levels of a country's population. This firm segments on what basis?
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Analyze the significance and implications of various economic theories pertaining to profit, consumer choice, demand and supply, forecasting and optimization.
A clinic finds that by eliminating appointments it can reduce costs. The clinic is able to eliminate some telephone staff, and physicians become more productive. Patients wait until the physician is available, so there is virtually no down time. D..
Plot the relationships described in the following tables on separate graphs (plot the variables in the left-hand columns on the horizontal axis and the variables in the right-hand columns on the vertical axis).
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