Dr. Davisguru only

profilecrazy4u

This is the data from the last 4 weeks:
 
           
 
Use the equation of the regression line to forecast the increased sales for when the number of ads is 10.

 

Given the following data on the number of pints of ice cream sold at a local ice cream store for a 6-period time frame:
           
 
Compute a 3-period moving average for period 4. Use two places after the decimal.

 

 

Daily highs in Sacramento for the past week (from least to most recent) were:  95, 102, 101, 96, 95, 90 and 92.  Develop a forecast for today using a 2 day moving average

 

The following data summarizes the historical demand for a product.
 

Month

Actual Demand

March

20

April

25

May

40

June

35

July

30

August

45


 
Use exponential smoothing with α = .2  and the smoothed forecast for July is 32. Determine the smoothed forecast for August.

 

Given the following data on the number of pints of ice cream sold at a local ice cream store for a 6-period time frame:
           
 
Compute a 3-period moving average for period 6. Use two places after the decimal

The following sales data are available for 2003-2008 :
 

Year

Sales

Forecast

2003

7

9

2004

12

10

2005

14

15

2006

20

22

2007

16

18

2008

25

21


 
Calculate the absolute value of the average error. Use three significant digits after the decimal.
 The following data summarizes the historical demand for a product
 

Month

Actual Demand

March

20

April

25

May

40

June

35

July

30

August

45


 
 
If the forecasted demand for June, July and August is 32, 38 and 42, respectively, what is MAPD? Write your answer in decimal form and not in percentages. For example, 15% should be written as 0.15. Use three significant digits after the decimal

Robert wants to know if there is a relation between money spent on gambling and winnings.
 
           
 
What is the coefficient of determination? Note:  please report your answer with 2 places after the decimal point.

 

Consider the following annual sales data for 2001-2008.
 

Year

Sales

2001

2

2002

4

2003

10

2004

8

2005

14

2006

18

2007

17

2008

20


 
 
Calculate the correlation coefficient . Use four significant digits after the decimal.

 

 

Given the following random number ranges and the following random number sequence: 62, 13, 25, 40,  86, 93, determine the average demand for the following distribution of demand.
 

Demand

Random

Number Ranges

5

00-14

6

15-44

7

45-69

8

70-84

9

85-99

 

An investor is considering 4 different opportunities, A, B, C, or D.  The payoff for each opportunity will depend on the economic conditions, represented in the payoff table below.
 
                                            Economic Condition
                        Poor           Average       Good        Excellent
    Investment      (S1)              (S2)           (S3)          (S4)
           A               50                  75              20              30
           B               80                  15              40              50
           C           -100                 300             -50              10     
           D               25                  25              25              25 
 
If the probabilities of each economic condition are 0.5, 0.1, 0.35, and 0.05 respectively, what is the highest expected payoff?

 

The local operations manager for the IRS must decide whether to hire 1, 2, or 3 temporary workers. He estimates that net revenues will vary with how well taxpayers comply with the new tax code. The following payoff table is given in thousands of dollars (e.g. 50 = $50,000). 
 
                       
 
If he uses the maximin criterion, how many new workers will he hire?

    • 12 years ago
    • 10
    Answer(1)

    Purchase the answer to view it

    blurred-text
    NOT RATED
    • attachment
      mat_540_mid_term.pdf
    Bids(0)