3-month absolute deviation, Basic Statistics

Assignment Help:
For our class homework we prepared a 3-month forecast for sales (12 months with actual sales for each month). What or how do we figure the absolute deviation of the 3-month foreast?

Related Discussions:- 3-month absolute deviation

What is inference, Q. What is Inference? Ans. Inference is the pro...

Q. What is Inference? Ans. Inference is the process of deriving conclusions based on facts or premises. We often make inferences based on the results of statistical studi

Rejection of null hypothesis - testing of hypothesis, Two researchers test ...

Two researchers test the same hypothesis. Researcher A rejects the null hypothesis and researcher B fails to reject the null hypothesis.  Discuss three reasons that could cause the

Histogram, difference betwen histogram and historigram

difference betwen histogram and historigram

Give the appropriate choice of the null hypothesis, 1 . Below are the point...

1 . Below are the points scored by the winning team in Week 10 of NFL professional football games this Fall, 2011. 24 17 44 13 21 24 30 20 37 26 17 22 27 37 37 45 a) Use thes

PROBABILITY DISTRIBUTIONS, a). Show that if a random variable has a uniform...

a). Show that if a random variable has a uniform density with the parameters a and ß, the probability that it will take on a value less than a+p(ß-a) is equal to p b). Prove that t

Parametric and non-parametric stats tests, What is the difference between p...

What is the difference between parametric and non-parametric stats tests? Different kinds or levels of data need to be analysed using different kinds of stats tests. The basic dist

DATA EDITING, THE SIGNIFICANCE OF DATA EDITING

THE SIGNIFICANCE OF DATA EDITING

Determine the correct interpretations - confidence interval, Which of the f...

Which of the following statements are correct interpretations of a 95% confidence interval for μ? (a) 95% of the observations in the sample will be contained in the confidence i

QUANTITATIVE METHODS., A LARGE SHIPPPING COMPANY RECORDED THE NUMBERS OF TO...

A LARGE SHIPPPING COMPANY RECORDED THE NUMBERS OF TONS SHIPPED WEEKLY ACROSS THE PACIFIC FOR 50 WEEKS. ARRANGE DATA IN A LESS THAN CUMULATIVE DISTRIBUTION USING SEVEN CLASSES OF E

Write Your Message!

Captcha
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