What is the next best alternative method

Assignment Help Business Economics

Reference no: EM13984076

In data smoothing, sometimes one can use the simple exponential smoothing method. What are the main disadvantages of this method? Then, what is the next best alternative method? Why? Explain.

Reference no: EM13984076

Questions Cloud

Additive model and multiplicative form : There are two general forms often used in time series decomposition analysis: additive model and multiplicative form. Give the expressions for them. When would you use additive model or multiplicative model in time series decomposition? Discuss.

Long-run average cost curve exhibits economies : The situation in which the long-run average cost curve exhibits economies of scale over the entire range of output is called a "natural monopoly." Explain why, in the case of a natural monopoly, it would be cost efficient to have a single firm serve ..

Autonomous aggregate expenditures decreases : Autonomous aggregate expenditures decreases by $200 million, the marginal propensity to consume is 0.50, marginal propensity to invest is 0.25, and the marginal propensity to import is 0.10. Calculate the change in income.

Experiencing decrease in home prices and consumer wealth : During the recession of 2007-2009, the U.S. economy was experiencing a decrease in home prices and consumer wealth, a credit crisis in the financial markets, and declining consumer and business confidence. What components of aggregate demand were aff..

What is the next best alternative method : In data smoothing, sometimes one can use the simple exponential smoothing method. What are the main disadvantages of this method? Then, what is the next best alternative method? Why? Explain.

Aggregate demand and supply analysis to predict the effects : Suppose the President gets Congress to pass legislation that encourages investment in research and the development of new technologies. Assuming this policy leads to a positive productivity change for the U.S. economy, use aggregate demand and supply..

Important source of external funds used to finance business : One of the basic facts of financial markets is that financial intermediaries, particularly banks, are the most important source of external funds used to finance business. Explain the reasons with 3~4 paragraphs from what we learned in Chapter 8 from..

Each firm in competitive market has a cost function : Each firm in a competitive market has a cost function of C=16+q^2, so its marginal cost function is MC=2q. The market demand function is Q=24-p. Determine the long-run equilibrium price, quantity per firm, market quantity, and number of firms.

Price elasticity of demand at equilibrium price and quantity : Consider the fictitious good Derp. The demand for Derp is Q=1200-2P. Suppose the supply of Derp is given by Q=-600 +2P. What is the equilibrium quantity of Derp? What is the price elasticity of demand at the equilibrium price and quantity?

User Account

All Pages