a) Determine the appropriate component of time series for the situation below: i) The courier services industry continues to grow year after year due to the emergency of new technology. ii) The increase in sales of face- masks due to pandemic Coronavirus (COVID-19). iii) The higher occupancy rate at Merrinton Hotel during weekends compared to the rate during weekdays. iv) Affordable smartphone sales shoot up as demand grows due to e-learning needs. v) The income of self-employed falls dramatically due to recession.
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- How common are financial cost or contractual constraints associated with smartphone ownership? A survey of smartphone users found that 49% of the 18- to 29-year-olds, 40% of the 30- to 49-year-olds, 25% of the 50- to 64-year-olds, and 19% of those age 65 or older have reached the maximum amount of data they are allowed to use as part of their plan, at least on occasion: Suppose the survey was based on 200 smartphone owners in each of the four age groups: 18 to 29, 30 to 49, 50 to 64, and 65 and older The critical value for this test is ? (round to three decimal points as needed)How common are financial cost or contractual constraints associated with smartphone ownership? A survey of smartphone users found that 49% of the 18- to 29-year-olds, 40% of the 30- to 49-year-olds, 25% of the 50- to 64-year-olds, and 19% of those age 65 or older have reached the maximum amount of data they are allowed to use as part of their plan, at least on occasion: Suppose the survey was based on 200 smartphone owners in each of the four age groups: 18 to 29, 30 to 49, 50 to 64, and 65 and older The test statistic is χ2STAT = ? (Round to three decimial places)Boran Stockbrokers, Inc., selects four stocks for the purpose of developing its own index of stock market behavior. Prices per share for a year 1 base period, January year 3, and March year 3 follow. Base-year quantities are set on the basis of historical volumes for the four stocks. Stock Industry Year 1Quantity Price per Share ($) Year 1Base JanuaryYear 3 MarchYear 3 A Oil 100 29.50 24.75 22.50 B Computer 150 65.00 49.00 47.50 C Steel 75 40.00 33.00 29.50 D Real Estate 50 18.00 6.50 3.75 -Compute the price relatives for the four stocks making up the Boran index. (Round your answers to one decimal place.) Stock Price Relative January March A B C D Use the weighted average of price relatives to compute the January year 3 and March year 3 Boran indexes. (Round your answers to one decimal place.)
- How common are financial cost or contractual constraints associated with smartphone ownership? A survey of smartphone users found that 48% of the 18- to29-year-olds, 39% of the 30- to 49-year-olds, 24% of the 50- to 64-year-olds, and 19% of those aged 65 or older have reached the maximum amount of data they are allowed to use as part of their plan, at least on occasion: Suppose the survey was based on 300 smartphone owners in each of the four age groups: 18 to 29, 30 to 49, 50 to 64, and 65 and older. Complete parts (a) through (c). a. At the 0.05 level of significance, is there evidence of a difference among the age groups in the proportion of smartphone owners who have reached the maximum amount of data they are allowed to use as part of their plan, at least on occasion? The test statistic is χ2STAT= (Round to three decimal places as needed.) I am struggling in finding the expected frequency can you show in detail how you accomplish this for each…How common are financial cost or contractual constraints associated with smartphone ownership? A survey of smartphone users found that 48% of the 18- to 29-year-olds, 39% of the 30- to 49-year-olds, 24% of the 50- to 64-year-olds, and 19% of those age 65 or older have reached the maximum amount of data they are allowed to use as part of their plan, at least on occasion: Suppose the survey was based on 300 smartphone owners in each of the four age groups: 18 to 29, 30 to 49, 50 to 64, and 65 and older. Complete parts (a) through (c). a. At the 0.05 level of significance, is there evidence of a difference among the age groups in the proportion of smartphone owners who have reached the maximum amount of data they are allowed to use as part of their plan, at least on occasion? Find the test statistic x 2 stat? and critcal valueHow common are financial cost or contractual constraints associated with smartphone ownership? A survey of smartphone users found that 49% of the 18- to 29-year-olds, 37% of the 30- to 49-year-olds, 22% of the 50- to 64-year-olds, and 19% of those age 65 or older have reached the maximum amount of data they are allowed to use as part of their plan, at least on occasion: Suppose the survey was based on 200 smartphone owners in each of the four age groups: 18 to 29, 30 to 49, 50 to 64, and 65 and older. Complete parts (a) and (b) below. Use the table here to enter your data then use the TI-84 Tests. Reached Max Data 18-29 30-49 50-64 65+ Yes No Totals At the 0.05 level of significance, is there evidence of a difference among the age groups in the proportion of smartphone owners who have reached the maximum amount of data they are allowed to use as…
- Boran Stockbrokers, Inc., selects four stocks for the purpose of developing its own index of stock market behavior. Prices per share for a year 1 base period, January year 3, and March year 3 follow. Base-year quantities are set on the basis of historical volumes for the four stocks. Stock Industry Year 1Quantity Price per Share ($) Year 1Base JanuaryYear 3 MarchYear 3 A Oil 100 33.50 20.75 22.50 B Computer 150 65.00 49.00 47.50 C Steel 75 40.00 32.00 29.50 D Real Estate 50 18.00 6.50 4.75 Compute the price relatives for the four stocks making up the Boran index. (Round your answers to one decimal place.) Stock Price Relative Stock January March A ?? ? B ? ? C ? ? D ? ? Use the weighted average of price relatives to compute the January year 3 and March year 3 Boran indexes. (Round your answers to one decimal place.) IJan=?? IMar=??How common are financial cost or contractual constraints associated with smartphone ownership? A survey of smartphone owners found that 48% of the 18- to 29-year-olds, 38% of the 30- to 49-year-olds, 25% of the 50- to 64-year-olds, and 19% of those age 65 or older have reached the maximum amount of data they are allowed to use as part of their plan, at least on occasion. Suppose the survey was based on 200 smartphone owners in each of the four age groups: 18 to 29, 30 to 49, 50 to 64, and 65+. a. At the 0.05 level of significance, is there evidence of a differ-ence among the age groups in the proportion of smartphone owners who have reached the maximum amount of data they are allowed to use as part of their plan, at least on occasion? b. Determine the p-value in (a) and interpret its meaning. c. If appropriate, use the Marascuilo procedure and a=0.05 to determine which age groups differ.The Vintage Restaurant, on Captive Island near Fort Meyers, Florida, is owned and operated by Karen Payne. The restaurant just completed its second year of operation. Below are the sales for those two years (in ten thousands of dollars). Month First Year Second Year January 57 61 February 51 75 March 58 54 April 57 56 May 68 62 June 72 71 July 60 59 August 51 75 September 68 68 October 51 50 November 71 64 December 75 58 a) Construct a time-series plot in excel. (Label axes and graph) b) Develop a six month moving average. Compute MSE and forecast the amount of sales for the next month. c) Use α = 0.2 to compute the exponential smoothing values. Compute MSE and forecast for the next month. d) Compare the result for the six month average and exponential smoothing. Which appears to provide a better…
- #2) Bob’s Garden Supply has seen the following annual demand for lime bags over the past 11 years. Year Bags (thousands) Year Bags (thousands) 1 7 7 9 2 10 8 11 3 8 9 12 4 9 10 10 5 10 11 14 6 8 a) Create a time series post. b) Develop a 2-year, 3-year, and 4-year moving averages. What is each forecast for year 12? c) Develop a 3-year weighted moving average in which the most recent year is given a weight of 2 and the other years are given a weight of 1. What is the forecast for year 12? d) Develop an exponential smoothing forecast with a smoothing constant of 0.4. Assume that the forecast for year 1 is 6,000 bags. What is the forecast for year 12? e) Calculate the MAD, MSE, and MAPE for each model in problems b, c, and d. Which model is the best predictor? f) Excel FileThe following table lists several corporate bonds issued during a particular quarter. Company AT&T Bank ofAmerica GeneralElectric GoldmanSachs Verizon WellsFargo Time toMaturity(years) 10 10 2 3 8 7 AnnualRate (%) 3.40 3.00 6.25 5.15 5.15 2.50 Would Bank of America or Verizon pay the most total interest on a $3,000 bond at maturity? How much interest would that be? Bank of America would pay $ ____________ in interest on a $3,000 bond at maturity. Verizon would pay $_______ in interest on a $3,000 bond at maturity. So, we see Verizon would pay the most interest on $3,000 bond at maturity.Select one: a. time-series b. cross sectional c. panel Business School Full-Time Enrollment Students per Faculty Local Tuition ($) Foreign Tuitiion ($) English Test Work Experience Starting Salary ($) 1 Melbourne Business School 200 5 24,420 29,600 No Yes 71,400 2 University of New South Wales (Sydney) 228 4 19,993 32,582 No Yes 65,200 3 Indian Institute of Management (Ahmedabad) 392 5 4,300 4,300 No No 7,100 4 Chinese University of Hong Kong 90 5 11,140 11,140 No No 31,000 5 International University of Japan (Niigata) 126 4 33,060 33,060 Yes No 87,000 6 Asian Institute of Management (Manila) 389 5 7,562 9,000 No Yes 22,800 7 Indian Institute of Management (Bangalore) 380 5 3,935 16,000 No No 7,500 8 National University of Singapore 147 6 6,146 7,170 Yes Yes 43,300 9 Indian Institute of Management (Calcutta) 463 8 2,880 16,000 No No 7,400 10 Australian National University (Canberra) 42 2 20,300 20,300 Yes Yes 46,600 11 Nanyang Technological…