When a forecaster uses the ______________ method, she or he assumes that the time series components are changing slowly over time.
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When a forecaster uses the ______________ method, she or he assumes that the time series components are changing slowly over time.
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- Conditional probability If 40 of the population have completed college, and 85 of college graduates are registered to vote, what percent of the population are both college graduates and registered voters?40. In the theory of time series, earthquakes can be considered as a. Secular Trend b. Cyclical Variation c. Seasonal Variation d. Irregular VariationsWhich is not a time series variable? Multiple Choice Net earnings reported by Xena Corp. for the last 10 quarters Closing checkbook balances of 30 students on December 31 of this year Dollar/euro exchange rates at 12 noon GMT for the last 30 days Movie attendance at a certain theater for each Saturday last year
- corporate triple-a bond interest rates for 12 consecutive months follow.9.5 9.3 9.4 9.6 9.8 9.7 9.8 10.5 9.9 9.7 9.6 9.6a. construct a time series plot. What type of pattern exists in the data?Which of the following is NOT necessary for time series analysis? Question 7 options: Past data that spans at least five years. Past information about the variable being forecast Reasonable expectations that past patterns will extend into the future Past information that is quantified or quantifiableDiscuss whether you believe time series to be an effective forecasting tool. Identify two of the most common mistakes made in completing a time series forecast and share an example of each mistake.
- Using both time series methods of forecasting, predict the number of meals that should be prepared for the next Monday. The forecast for the most recent Monday was 367 and for the most recent Friday was 354. α = 0.3 I need assistance for both time series methods, my calculations are coming back incorrect.14. Statistical methods use past history and techniques such as multiple regression and time series analysis to forecast the future. Select one: O True O FalseStatistics analysis of time series question
- Time-series forecasting models: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…1- The science of collecting, organizing, presenting, analyzing, and interpreting data is called ___________. a. None b. Regression c. Time series d. Statistics
