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Regression Analysis and Forecasting - Discussion
Why are you forecasting?
What are you forecasting?
When are you forecasting to?
How you are going to forecast? What forecasting technique might you use?
How would you gather your data?
What would you use to validate your forecasting model? Would you look at the forecasting errors?
What program would you use to make your forecast (i.e. Excel or Excel QM)?
How will you make use of your forecast? What modifications might you make?
There are three hospitals in the Tulsa, Oklahoma, area. The following data show the number of outpatient surgeries performed at each hospital last week.
three fair regular eight-sided dice are rolled.a what is the probability that the sum of the die rolls is10?b what is
What distribution does the number of defective chips in the sample of 500 satisfy and what is the expected number of defective chips in your sample?
A Company produces candy on a production line. When operating properly, the production process will produce an average of u=140 pounds of candy per hour with a standard deviation of o=20 pounds of candy per hour.
If the observed frequencies of the sets A 1, i = 1, 2, 3, 4, are, respectively, 30, 30, 10, IO, would H 0 be accepted at the (approximate) 5 percent level of significance?
a recent report in usa today indicated a typical family of four spends 490 per month on food. assume the distribution
the mean annual precipitation for dilbertville is 44 in with a standard deviation of 6.5 in. assuming the precipitation
On basis of these data, can college conclude that students in new program performed significantly better than rest of freshman class? Use a one-tailed test with α = .05.
By constructing null and alternative hypotheses, computing critical values, and comparing test statistic to critical value.
A certain police officer stops cars for speeding. The number of red sports cars she stops in one hour is a Poisson process with rate 4, while the number of other cars she stops is a Poisson process with rate 1.
you are going to select 6 players for a volleyball team from a group of 13 players. how many possible teams can be
Some of these items are not up to quality specifications and have to be thrown out. At this rate, how many mistakes can be made while maintaining an acceptable success rate?
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