Question 1 4 / 4 points The overall upward or downward pattern of the data in an annual time series will be contained in the ____________ component. trend cyclical irregular seasonal Question 2 4 / 4 points When using the exponentially weighted moving average for purposes of forecasting rather than smoothing, the previous smoothed value becomes the forecast. the current smoothed value becomes the forecast. the next smoothed value becomes the forecast. None of the above. Question 3 4 / 4 points The following is the list of MAD statistics for each of the models you have estimated from time-series data: Model MAD Linear Trend 1.38 Quadratic Trend 1.22 Exponential Trend 1.39 AR(2) 0.71 Based on the MAD criterion, …show more content…
The business literature involving human capital shows that education influences an individual’s annual income. Combined, these may influence family size. With this in mind, what should the real estate builder be particularly concerned with when analyzing the multiple regression model? Randomness of error terms Collinearity Missing observations Normality of residuals Question 8 4 / 4 points In multiple regression, the __________ procedure permits variables to enter and leave the model at different stages of its development. forward selection residual analysis backward elimination stepwise regression Question 9 4 / 4 points A regression diagnostic tool used to study the possible effects of collinearity is the slope. the Y-intercept. the VIF. the standard error of the estimate. Question 10 4 / 4 points The Variance Inflationary Factor (VIF) measures the correlation of the X variables with the Y variable. correlation of the X variables with each other. contribution of each X variable with the Y variable after all other X variables are included in the model. standard deviation of the slope. Question 11 4 / 4 points TABLE 15-3 In Hawaii, condemnation proceedings are under way to enable private citizens to own the property that their homes are built on. Until recently, only estates were permitted to own land, and homeowners leased the land from the estate. In order to comply with the new law, a large Hawaiian
25. In a science fiction movie, an officer is implementing an experimental process to prevent a catastrophic geologic event affecting a primitive indigenous alien population. A crew of a starship vessel is willing to save him; however, environmental conditions prevent simple extraction. The commander refuses to let the crew extract the officer, proclaiming “the needs of the many outweigh the needs of the few, or in this case, one.” The commander’s conclusion is based on which moral theory?
(TCO 4) Which of the following is not one of the guidelines for administering discipline?
Person centred planning is a set of approaches designed to assist someone plan their life with support. It is most often used as a model to enable people with disabilities or otherwise requiring support to increase their personal self determination and improve their own independence. It discovers and acts on what is important to the person.
In April of 1979, a U.S. court finds the Beatle 's former manager _________ guilty of tax evasion and he is sentenced to serve two months of a two-year sentence in prison.
While the Government holds complete authority over the owner's property, they guarantee fair and adequate compensation for the owner in the event which he or she forced out of their property - this is the law. As well as offering fair and adequate compensation, the Government may not take or begin construction on the property until definite arrangements have been made for payments (Sargent and Wallace 6-9). However, landowners are not always forced off of their property. Many times the families living in these areas were moved because of the tremendous property damage, flood damage, or the fact that their land interferred with government property (BonaLaw 1). When land is purchased through the Government the landowner is offered “Just Compensation,” meaning that the owners of the property will be offered the highest selling price that their land will sell for (Sargent and Wallace
uses budgeted fleet hours to allocate variable manufacturing overhead. The following information pertains to the company 's manufacturing overhead data:
Some people simply are not prepared for the new neighbors moving into America: the abuses of eminent domain. Although it has been around a great deal of time, eminent domain is unjustly taking land from the American people at an alarming rate. Eminent domain really is defined as being the government power exercised to purchase land or property from the people in order to develop the land or property for economic or community expansion. This topic is of importance to me and the general audience as it directly confronts rights of the citizenry, which I believe we all are concerned about. Really, powers are given and they can be taken away; eminent domain is up for grabs and only one thing must
Delmar Corporation borrowed $200,000 at 12% interest from state Bank on January 1, 2013, for the specific purpose of constructing special-purpose equipment to be used in its operations. Construction on the equipment began on 1/1/13, and the following expenditures were made prior to the project’s completion on 12/31/13:
Question 3. 3. (TCO 5) ____ systems consider the reverse flow of products, their reuse, and the marketing and distribution of recovered products.
James Bond (90 kg), outfitted with perfectly matching skis and skiware, is at the top of a steep slope that a secret spy like him can easily handle. He lets himself go from rest and smoothly slides down the h = 15 m high hill. A big parking lot lies at the bottom of the hill. Since the parking area has been cleared of snow, the friction between the ground and the skis brings our hero to a halt at point D, located at a distance d = 12 m from point C. The descent can be considered frictionless. Take the potential energy to be zero at the bottom of the slope. (a) What is the mechanical energy of James Bond at points A and D? (b) Determine the speed of Bond at position B
Using the nine variables provided in the study, we would use the regression data analysis to determine which variables had the most impact on the variable of price. The price of a home is the dependent variable, because the age, time, land full cash value, population per mile, area of the ground floor, ratio of patio area to total area, sediment per lake, and improved full cash value are all
For problem C, we decided to use Similar Prior-Period Data analytical procedure. We observed the differences between current year’s balance with that of the preceding year, the differences between the
where b1.23, b12.3, and b13.2 are constants. The double subscript in for example b12.3¬ indicates the coefficient of the model relating variable 1 to 2 keeping variable 3 constant. If we keep X3 constant in this equation, the graph of X1 versus X2 is a straight line with slope b12.3. If we keep X2 constant, the graph of X1 versus X3 is a straight line with slope b13.2. Due to the fact
Time Series it is a collection of data measured with the passage of time. Examples of time series stand out in a number of areas, ranging from engineering to economics. The analysis of time series data constitutes an important area of statistics. A time series is a sequential set of data points, measured typically over successive times. It is mathematically it is defined as a group of vectors x (t), t = 0, 1, 2, where t represents the time elapsed [John H. Cochrane,1997]. The variable x t is treated as a random variable. The measurements taken during an event in a time series are arranged in a proper chronological order. A time series containing records of a single variable is termed as invert. But if records of more than one variable are considered, it is termed as multivariate. A time series can be continuous or discrete. In a continuous time series notes are measured in each case of time, whereas a discrete time series includes observations measured at discrete points of time. For example, temperature readings, flow of a river, concentration of a chemical process etc. can record as a continuous time series. On the other hand population of a particular city, production of a company, exchange rates between two different currencies may represent discrete time series. Usually in a discrete time series the consecutive observations are recorded at evenly spaced time intervals such as every hour, daily and weekly, monthly or yearly time separations. [K.W. Hipel, 1994], the
• Error values (ε) are statistically independent • Error values are normally distributed for any given value of x