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Suppose that monthly data on some time series variable exhibits a clear upward trend but no seasonality. You decide to use a moving average, with any appropriate span. Will there tend to be a systematic bias in your forecasts? Explain why or why not.
Under what circumstances can inventory be used as a hedge against inflation?
Provide an example of when you might want to take a stratified random sample instead of a simple random sample and explain what the advantages of a stratified sample might be.
Do you agree with the statement that nonresponse errors can be overcome with larger samples? If you agree, explain why. If you disagree, provide an example that backs up your opinion.
When, if ever, is it appropriate to use the standard normal distribution as a substitute for the t distribution with n - 1 degrees of freedom in estimating a population mean?
HAMPTON CORPORATION Balance Sheet December 31, 2011 Cash $ 24,600 Accounts payable $ 25,600 Accounts receivable 45,500 Common stock ($10 par) 80,000 Allowance for doubtful Retained earnings 127,400 accounts (1,500) $233,000 Supplies 4,400 Land 40,000..
What will be the government deficit. If the government finances the deficit by issuing bonds, what amout of bonds will it issue?
How might managers interpret the potential for their product in a market that is, in absolute economic terms, large but, on a per capita basis, characterized by a majority of poor consumers? In the event that the BRICs fail to meet projected performa..
Imagine the hourly production for tuna cans is given by q = 6K + 4L. Assuming capital is fixed at 6, how much L is required to product 60 tuna cans per hour? Assuming capital is fixed at 8, how much L is required to product 60 tuna cans per hour?
Technology is now being developed so that road use can be priced by computer. A computer in the surface of the road picks up a signal from your car and automatically charges you for the use of the road. How would this affect bottlenecks and rush-hour..
Explain the possible problems for consumers of each of the following ways of dealing with a natural monopoly: Why do most economists argue that the money raised by selling off state-owned firms is not an especially good argument for selling them? Wha..
[1] Assumptions: [2] The primary conclusion of the classical school is:
What are the necessary conditions for this type of a market structure to exist. Please give an example of this type of market structure.
If there are 12 bottles of sprite, 10 bottles of coke, and 8 bottles of rootbeer; what are the chances of getting the ring around a bottle of coke
Explain what costs must be covered in the short run for the firm to remain open.
Give an example of a binary relation which is connected and transitive but not reflexive.
What are the determinants of demand? What happens to the demand curve when any of these determinants change?
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