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Make out a suitable forecasting method.
If a time series is stationary without a linear trend or the seasonal component, which of the following forecasting methods may be suitable?
a. Moving average
b. Double moving average
c. Double exponential smoothing
d. Holt-Winters additive model
Assume a business researcherwishes to test hypothesis that greater proportion of marketing managers keep track of such obligations.
What is the optimal strategy for producing 500 tons of newsprint pulp, 600 tons of packaging pulp, and 300 tons of print stock quality pulp at minimum cost?
Make your calculation supposing a two-sided two-sample t-test with a type I error (alpha) of 0.056
What is the probability that the first two cards dealt yields "Black Jack"?
The resort's historical climate data suggests that the probability of a good winter with lots of snow during any given year is 40%.
A committee of three is selected at random from a set consisting of five Democrats, eight Republicans, and two Independents.
Decision making under risk is the same as decision making under uncertainty because in both the probabilities are unknown.
Draw a tree diagram representing the data. What is the probability that a vehicle stolen in this city will never be recovered?
We assume that we have selected two independent random samples from populations having proportions p 1 and p 2 and that p-hat 1 = 800/1000 and p-hat 2 = 950/1000
Find out the regression variable that correlates best. Among which regression variable, carbon dioxide or methane correlates best with the earth's surface temperature.
Compute the sample variance and the sample standard deviation for these data (to 2 decimals).
Using the .10 level of significance, can we conclude that the assembly time using the new method is faster?
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