Why do you think using computer software to do forecasting

Assignment Help Mathematics
Reference no: EM132904034

Quantitative Methods - Time Series Analysis and Forecasting

Please answer the following questions:

(1) Why, if it is possible to use it, is linear regression the best way to forecast given a time series?(Maybe 50 words)

(2) Why do you think using computer software to do forecasting calculations is almost necessary if you are changing the number of time periods for a moving average or the alpha value for an exponential smoothing calculation?(Maybe 50 words)

Reference no: EM132904034

Questions Cloud

Highlighted uncertainty of big data : While this topic highlighted the uncertainty of Big Data, the author identified the following as areas for future research.
What is the amazon mail-order : What is the amazon mail-order and provide three examples. Outline the features using 18 points.
What are foundational leadership theories : What are foundational leadership theories? Provide citations.
Success factors for risk management in organization : Stating and documenting who you obtained support and assistance from in rubber and plastic industry,,,, topic is risk management.
Why do you think using computer software to do forecasting : Why do you think using computer software to do forecasting calculations is almost necessary if you are changing the number of time periods for a moving average
Calculate the coordinates of x and y-axis : Using the SPACE Matrix for Company-X, calculate the coordinates of x and y-axis. Construct a SPACE diagram using the calculated coordinates.
What amount is reported as liability for vacation pay : What amount is reported as liability for vacation pay at ABC Company's December 31, 2020 statement of financial position
Why do you need business plan : (1) Why do you need business plan? (When is it necessary to have a business plan?)
Explain the concept of brain drain : Explain the concept of Brain Drain. Further explain how it can impair a country. Give an example of a country suffering from Brain Drain and indicate what can b

Reviews

Write a Review

Mathematics Questions & Answers

  Predict the town population each decade

Construct an exponential model to predict the town's population each decade. Use your model to predict the population of the town in 2020. (Express your answer rounded up to the nearest person.)

  Find formulas giving the options available to the company

MANAGEMENT DECISIONS The management of Hartman Rent-A-Car has allocated $1,008,000 to purchase 60 new automobiles to add to their existing fleet of rental cars.

  Fifteen countries were arbitarily selected from world

fifteen countries were randomly selected from the world factbook 2004 list of world countries and the infant mortality

  Determine who this candidate is that n is even

Suppose that the votes of n people for different candidates (where there can be more than two candidates) for a particular office are the elements of a sequence. A person wins the election if this person receives a majority of the votes.

  Construct a tank with a volume

The radius and height of a tank cannot exceed above 5m and 12m respectively. It is possible to construct a tank with a volume of 900m^2?

  Find the periodic payment r

Find the periodic payment R required to accumulate a sum of S dollars over t yr with interest earned at the rate of r%/year compounded m times a year.

  Find the general solution of the linear system

Find the general solution of the linear system corresponding to the following augmented matrix

  Express the running time of magic middle

Let T(n) be the running time of the modified Select1 on n items. How can you express the running time of Magic Middle in terms of T(n)?

  Recall the definition of equivalence modulo d

Recall the definition of "equivalence modulo d" in class; for all a, b ? Z, a=b (modd)iffd|(b-a). Supposen,m,x,y?Z,n=x (modd)andm=y (modd).

  Define holistic risk and enterprise risk

1. Inflation causes both pure and speculative risks in our society. Can you give some examples of each?

  Explain the significance of these one-sided limits

A patient receives a 150-mg injection of a drug every 4 hours. The graph shows the amount ƒ(t) of the drug in the bloodstream after hours. (Later we will be able to compute the dosage and time interval to ensure that the concentration of the drug ..

  Furniture and repaid the loan in full

After three and a half years he sold the furniture and repaid the loan in full because he was moving overseas. How much did he need to repay?

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