Make forecasts using the following fitted trend models for years 2017-2019. (Round your answers to the nearest whole number.) t Linear Quadratic Exponential 11 12 13 Year Labor Force 2007 153,918 2008 154,655 2009 153,111 2010 153,650 2011 153,995 2012 155,628 2013 155,151 2014 156,238 2015 157,957 2016 159,640

Make forecasts using the following fitted trend models for years 2017-2019. (Round your answers to the nearest whole number.) t Linear Quadratic Exponential 11 12 13 Year Labor Force 2007 153,918 2008 154,655 2009 153,111 2010 153,650 2011 153,995 2012 155,628 2013 155,151 2014 156,238 2015 157,957 2016 159,640

Big Ideas Math A Bridge To Success Algebra 1: Student Edition 2015

1st Edition

ISBN:9781680331141

Author:HOUGHTON MIFFLIN HARCOURT

Publisher:HOUGHTON MIFFLIN HARCOURT

Chapter11: Data Analysis And Displays

Section: Chapter Questions

Problem 5CT

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Don Williams received a memo requesting that he complete a trend analysis of the following numbers using 2021 as the base year. 2024 2023 2022 2021 Sales $ 340,000 $ 400,000 $ 420,000 $ 500,000 Gross profit 180,000 240,000 340,000 400,000 Net income 70,000 90,000 40,000 50,000 Could you help Don with the request? Note: Round your answers to the nearest whole percent.
The following data shows the number of customers at a mall in Colorado. Year customers (in thousands) 2009 22,142 2010 23,983 2011 24,122 2012 25,708 2013 26,722 2014 26,955 2015 28,438 2016 29,786 2017 29,502 The mall security would like to predict the number of customers in the future. (***MUST USE EXCEL***) Use 2014-2017 as a hold out sample. Calculate the initial Level and Trend using all the data from 2009-2013. Utilize these as the starting point for updating based on seeing 2009 and carry it forward. Use Holt’s method (alpha=0.1,0.25; beta=0.1,0.25, total of four combinations) to forecast the demand for the hold out sample. Calculate the RMSE (square root of MSE), MAD, and TS for each forecast. Please round to the nearest 0.1. The RMSE for alpha = 0.1 and beta = 0.1 is _____. The MAD for alpha = 0.1 and beta = 0.25 is _____. The TS for alpha = 0.25 and beta = 0.25 in Year 2017 is _____.
Given the following data, calculate the three-month moving average forecasts formonths 4, 5, 6, and 7
If year one equals P800,000, year two equals P840,000, and year three equals P896,000, the percentage to be assigned for year three in a trend analysis, assuming that year 1 is the base year, is a. 105%. b. 89%. c. 100%. d. 112%.