What is the value of the mean absolute deviation for the

Assignment Help Basic Statistics
Reference no: EM13644563

The table below provides a firm's sales. Given: ? = 0.2, ? = 0.15, and ? = 0.05 and placing the data into quarters.

a) Calculate the value of the mean absolute percentage error for the given data.

b) What is the value of the mean absolute deviation for the given data?

c) What will be the predicted sales for February of the next quarter?

Year Month Units
01 Jan 3980
01 Feb 4000
01 Mar 4740
01 April 4720
01 May 4920
01 Jun 5140
01 July 4640
01 Aug 4520
01 Sep 4480
01 Oct 4690
01 Nov 4210
01 Dec 4418

Reference no: EM13644563

Questions Cloud

Given the returns and probabilities for the three possible : given the returns and probabilities for the three possible states listed here calculate the covariance between the
Determine the diameter of the pupils of his eyes that would : a hunter who is a bit of a braggart claims that from a distance of 1.8 km he can selectively shoot eiither of two
A 20 mm diameter steel bar is to be used as a torsion : a 20 mm diameter steel bar is to be used as a torsion spring. if the torsional stress in the bar is not to exceed 100
A calculate the resistance per unit length of a nichrome : a calculate the resistance per unit length of a nichrome wire which has a radius of 0.321 mm. b if a potential
What is the value of the mean absolute deviation for the : the table below provides a firms sales. given ? 0.2 ? 0.15 and ? 0.05 and placing the data into quarters.a calculate
What is the total moment m due to the force about point o : what is mfx the contribution to the moment about point o made by the x component of the force f at point a? what is
The copper wire in a typical residential building has a : the copper wire in a typical residential building has a cross-sectional area of 3.31 x 10-6 m2. if it carries a current
If x is a random variable equal to the number of defective : a lot consisting of 150 fuses is inspected by the following procedure. five fuses are chosen at random and tested if
An air-filled parallel-plate capacitor has a surface area : an air-filled parallel-plate capacitor has a surface area of 7.60 cm2 separated by a distance of 1.80 mm. a 20.0 v

Reviews

Write a Review

Basic Statistics Questions & Answers

  Statistics-probability assignment

MATH1550H: Assignment:  Question:  A word is selected at random from the following poem of Persian poet and mathematician Omar Khayyam (1048-1131), translated by English poet Edward Fitzgerald (1808-1883). Find the expected value of the length of th..

  What is the least number

MATH1550H: Assignment:  Question:     what is the least number of applicants that should be interviewed so as to have at least 50% chance of finding one such secretary?

  Determine the value of k

MATH1550H: Assignment:  Question:     Experience shows that X, the number of customers entering a post office during any period of time t, is a random variable the probability mass function of which is of the form

  What is the probability

MATH1550H: Assignment:Questions: (Genetics) What is the probability that at most two of the offspring are aa?

  Binomial distributions

MATH1550H: Assignment:  Questions:  Let’s assume the department of Mathematics of Trent University has 11 faculty members. For i = 0; 1; 2; 3; find pi, the probability that i of them were born on Canada Day using the binomial distributions.

  Caselet on mcdonald’s vs. burger king - waiting time

Caselet on McDonald’s vs. Burger King - Waiting time

  Generate descriptive statistics

Generate descriptive statistics. Create a stem-and-leaf plot of the data and box plot of the data.

  Sampling variability and standard error

Problems on Sampling Variability and Standard Error and Confidence Intervals

  Estimate the population mean

Estimate the population mean

  Conduct a marketing experiment

Conduct a marketing experiment in which students are to taste one of two different brands of soft drink

  Find out the probability

Find out the probability

  Linear programming models

LINEAR PROGRAMMING MODELS

Free Assignment Quote

Assured A++ Grade

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!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd