Based on the information in the following table, use the THREE-MONTH MOVING AVERAGE Approach to forecast the demand for periods 4-12 PERIOD MONTH Demand Forecast Jan 57 Feb 69 3. Mar 210 Apr 54 5. May 207 Jun 108 7. Jul 210 Aug 78 Sep 156 10 Oct 114 11 Nov 135 12 Dec 171

Based on the information in the following table, use the THREE-MONTH MOVING AVERAGE Approach to forecast the demand for periods 4-12 PERIOD MONTH Demand Forecast Jan 57 Feb 69 3. Mar 210 Apr 54 5. May 207 Jun 108 7. Jul 210 Aug 78 Sep 156 10 Oct 114 11 Nov 135 12 Dec 171

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

See similar textbooks

Similar questions

Find out the next month after april income by using the forecasting method of the moving average method
A market research study hopes to determine if the average sales of house entertainment units will increase in a test market with the introduction of a new package. Sales recorded in a 32-day period for the old package and a 30-day period for the new package were as follows:
Data shows the temperature for the months of Novemember 2020 and November 2021. Date 2020 2021 1-Nov 55 61 2-Nov 47 52 3-Nov 57 55 4-Nov 67 53 5-Nov 70 55 6-Nov 73 55 7-Nov 77 56 8-Nov 80 68 9-Nov 79 72 10-Nov 76 67 11-Nov 72 67 12-Nov 60 65 13-Nov 54 64 14-Nov 54 47 15-Nov 66 50 16-Nov 54 50 17-Nov 49 61 18-Nov 38 72 19-Nov 50 50 20-Nov 65 49 21-Nov 66 56 22-Nov 60 50 23-Nov 55 45 24-Nov 50 46 25-Nov 61 59 26-Nov 68 48 27-Nov 62 43 28-Nov 57 43 29-Nov 59 44 30-Nov 67 41 Test the hypothesis that the means are different (.05 significance)
Data shows the temperature for the months of Novemember 2020 and November 2021. Date 2020 2021 1-Nov 55 61 2-Nov 47 52 3-Nov 57 55 4-Nov 67 53 5-Nov 70 55 6-Nov 73 55 7-Nov 77 56 8-Nov 80 68 9-Nov 79 72 10-Nov 76 67 11-Nov 72 67 12-Nov 60 65 13-Nov 54 64 14-Nov 54 47 15-Nov 66 50 16-Nov 54 50 17-Nov 49 61 18-Nov 38 72 19-Nov 50 50 20-Nov 65 49 21-Nov 66 56 22-Nov 60 50 23-Nov 55 45 24-Nov 50 46 25-Nov 61 59 26-Nov 68 48 27-Nov 62 43 28-Nov 57 43 29-Nov 59 44 30-Nov 67 41 Please find the range and standard deviation
Data shows the temperature for the months of Novemember 2020 and November 2021. Date 2020 2021 1-Nov 55 61 2-Nov 47 52 3-Nov 57 55 4-Nov 67 53 5-Nov 70 55 6-Nov 73 55 7-Nov 77 56 8-Nov 80 68 9-Nov 79 72 10-Nov 76 67 11-Nov 72 67 12-Nov 60 65 13-Nov 54 64 14-Nov 54 47 15-Nov 66 50 16-Nov 54 50 17-Nov 49 61 18-Nov 38 72 19-Nov 50 50 20-Nov 65 49 21-Nov 66 56 22-Nov 60 50 23-Nov 55 45 24-Nov 50 46 25-Nov 61 59 26-Nov 68 48 27-Nov 62 43 28-Nov 57 43 29-Nov 59 44 30-Nov 67 41 Find the mean, median, mode and range for each group.
Data shows the temperature for the months of Novemember 2020 and November 2021. Date 2020 2021 1-Nov 55 61 2-Nov 47 52 3-Nov 57 55 4-Nov 67 53 5-Nov 70 55 6-Nov 73 55 7-Nov 77 56 8-Nov 80 68 9-Nov 79 72 10-Nov 76 67 11-Nov 72 67 12-Nov 60 65 13-Nov 54 64 14-Nov 54 47 15-Nov 66 50 16-Nov 54 50 17-Nov 49 61 18-Nov 38 72 19-Nov 50 50 20-Nov 65 49 21-Nov 66 56 22-Nov 60 50 23-Nov 55 45 24-Nov 50 46 25-Nov 61 59 26-Nov 68 48 27-Nov 62 43 28-Nov 57 43 29-Nov 59 44 30-Nov 67 41 Find the variance and standard deviation for each group.
Kaitlyn measures the upload speed in megabits per second of her home broadband internet connection during peak hours and off-peak hours. The results are provided in the accompanying table. Peak Off-Peak 5.83 5.14 6.05 6.80 7.14 6.98 3.54 5.77 5.45 7.27 5.90 6.62 5.81 6.19 4.82 6.08 6.37 6.59 4.65 5.58 5.30 7.41 6.48 6.26 5.96 6.37 5.79 6.31 6.84 6.55 5.06 4.95 5.61 7.03 6.45 6.77 Examine the results of Kaitlyn's test to determine the statements that compare the medians and interquartile ranges of the data sets to each other in terms of this situation. Select the two correct answers. The median upload speed during peak hours is 5.905 megabits per second, which is less than the median upload speed during off-peak hours, 7.005 megabits per second. The upload speeds during peak hours are slower on average compared to off-peak times. The median upload speed during peak hours is 6.37 megabits per second, which is greater than the median upload speed during…
John Kittle, an independent insurance agent, uses a five-year moving average to forecast the number of claims made in a single year for one of the large insurance companies he sells for. He has just discovered that a clerk in his employ incorrectly entered the number of claims made four years ago as 1,400 when it should have been 1,200.a. What adjustment should Mr. Kittle make in next year’s forecast to take into account the corrected value of the number of claims four years ago?b. Suppose that Mr. Kittle used simple exponential smoothing with a = .2instead of moving averages to determine his forecast. What adjustment is now required in next year’s forecast? (Note that you do not need to know the value of the forecast for next year in order to solve this problem.)
A local gas station has developed a new lottery scratch card in which they want 20% of contestants to win a small prize, 5% of contestants to win a medium prize, and 1% of contestants to win a large prize. If the scratch card costs buyers $5, determine how much each prize should award if the store wishes to make a long-run average of $1 for each scratch card sold.
Metropolitan Hospital has estimated its average monthly bed needs, N, as: N=460+9X�=460+9� where X = time period (months); (January 2002 = 0) Assume that no new hospital additions are expected in the area in the foreseeable future. The following monthly seasonal adjustment factors have been estimated, using data from the past five years: Forecast Metropolitan's bed demand for January, April, July, November, and December 2007. Month Adjustment Factor (%) Forecast January +5 April -15 July +4 November -5 December -25 Suppose the following actual and forecast values for June bed demands have been recorded. Year Forecast Actual 2007 1,045 1,139 2006 937 974 2005 829 895 2004 721 743 2003 613 656 2002 505 515 What seasonal adjustment factor would you recommend be used in making future June forecasts? 2.1% 5.5% 1.3%
Table 217 of the 2006 U.S. Statistical Abstract shows that, among all 25–34 year olds, the average annual earnings of a high school graduate with no further education was $26,073 while the average annual earnings of a college graduate with no further education was $43,794 in 2003. a. Assuming college requires five years, show that the annual return to each year of college education averages 10.9 percent. b. It is typically thought that this type of calculation of the returns to schooling is biased because it doesn’t take into account innate ability (i.e., ability in the workplace not due to college) or innate motivation. If this criticism is true, is the actual return to each year of a college education more than or less than 10.9 percent?
Calculateaconfidenceinterval for the me-dian ofthe second population.Select your confidenc eleve land reportit with your answer.??