Suppose a time-series plot shows that the data in question exhibit an increasing trend along with a seasonal pattern. Which of the following forecasting techniques would be appropriate? O simple exponential smoothing moving average O multiple regression with dummy variables for the seasonal components O double exponential smoothing

Suppose a time-series plot shows that the data in question exhibit an increasing trend along with a seasonal pattern. Which of the following forecasting techniques would be appropriate? O simple exponential smoothing moving average O multiple regression with dummy variables for the seasonal components O double exponential smoothing

Linear Algebra: A Modern Introduction

4th Edition

ISBN:9781285463247

Author:David Poole

Publisher:David Poole

Chapter7: Distance And Approximation

Section7.3: Least Squares Approximation

Problem 35EQ

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Consider a hypothetical regression predicting if someone will be married or not by the age of 40, MARRIED? (1 means this person is married by the age of 40 and 0 means this person is not married by the age of 40). The regression is as follows (all variables are statistically significant): MARRIED? = 0.2 + 0.03*EDUCATION - 0.01*BMI Where EDUCATION is the number of years of education someone's had and BMI is their body mass index. Suppose someone had 20 years of education and a BMI of 25. What is the predicted value of MARRIAGE? a 0, because the calculated value is 0.35 so we round down. b 0.55, which makes sense even though MARRIED? can only be a zero or one. c 0.35, which makes sense even though MARRIED? can only be a zero or one d Calculating a predicted value should not be done here because the dependent variable is a dummy variable. e 1, because the calculated value is 0.55 so we round up.
Consider a hypothetical regression predicting if someone will be married or not by the age of 40, MARRIED? (1 means this person is married by the age of 40 and 0 means this person is not married by the age of 40). The regression is as follows (all variables are statistically significant): MARRIED? = 0.2 + 0.03*EDUCATION - 0.01*BMI Where EDUCATION is the number of years of education someone's had and BMI is their body mass index. Suppose someone had 20 years of education and a BMI of 25. Complete this sentence: For every additional year of education someone has:... a ...their chance of getting married by 40 increases by 0.03 percentage points. b ...their chance of getting married by 40 increases by 3 percentage points. c ...their chance of getting married by 40 increases by 0.03. d ...their chance of getting married by 40 increases by 3%. e This regression means nothing because the dependent variable is a dummy variable.
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