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- QUESTION 4 Suppose the following are the seasonal indices for the first three quarters of the year for a quarterly series: Quarter Seasonal Index Q1 72.4 Q2 85.3 Q3 109.6 Remember that the seasonal indices should average 100 so you should be able to infer the seasonal index for Q4. Furthermore, suppose that the estimated coeffcients from a regression of the deseasonalized series on Time are given below: Coefficients Intercept 2,506 Time 71.3 If the original value of the series in a Q1 was 2,040, then what is the seasonally adjusted value? (please round your answer to 1 decimal place)QUESTION 3 A department store has recorded the sales of the best selling can opener model during the last 6 months. Observed values of the can opener sales are: Period 1 2 3 4 5 6 Sales 25 22 26 33 28 30 Use Holt’s double exponential smoothing with smoothing coefficients α=0.3, β=.15, S1=24.13 and G1=1.484 to calculate F1,2, G2 and S2. F1,2 = S2 = G2 =Question 7 Delphi method is used for judgmental forecast True False
- Question 4 The below data represent the advertising expenditure and sales of Little Liu Ltd from year 2008 to 2017. Table: Advertising Expenditure vs. Sales from 2008 to 2017 Year Advert. Expenditure Sales (x, £000) (y, £000) 2008 8 30 2009 12 40 2010 11 29 2011 5 29 2012 14 43 2013 3 17 2014 6 20 2015 8 30 2016 4 22 2017 9 40 Total 80 300 Work out the values of parameters of the relationship shown in the Figure (i.e. work out the equation of the relationship).Question Help Tract Tract Coorainates 101 2,000 5,000 10,500 (24,44) (25,24) (52.45) (52,18) (80,48) (70,20) (90,25) 102 103 104 7.200 105 10,000 21,000 106 107 12,000 a) The center-of-gravity coordinates for the location of the proposed outlet in Mobile, Alabama should be: x = 65.63 (round your response to two decimal places). y = 29.69 (round your response to two decimal places). %3D b) Census tracts 103 and 105 are each projected to grow by 30% in the next year The new center-of-gravity coordinates for the location of the proposed outlet in Mobile, Alabama should be: orrect: 0 (round your response to two decimal places). Enter vour answer in the answer box and then click Check AnswerQUESTION 2 The number of patients coming to the Healthy Start Maternity clinic has been increasing steadilyover the past eight months. You are provided with some historical data as follows: Month Clinic attendance (in thousands)1 3.42 3.93 4.54 5.05 5.86 5.97 6.58 6.7 a. Identify and give a brief explanation of the:-i. Dependent variableii. Independent variable b. Use simple linear regression to forecast annual demand for months 9 and 10 by using thetabular method to:-i. Derive the values for the intercept and slope. ii. Derive the linear regression equation. iii. Plot the linear regression line. iv. Develop a forecast of the clinic attendance for months 9 and 10.
- Equine Science Interpreting Scatterplots and Regression Equations 180+ 170- 160 150+ 140 130 120- 110 200 300 400 500 600 700 800 Age in Days An Equine Scientist was interested in horse height (measured to the horse wither in cm) as a young horse aged from 200 to 800 days. She collected the data in the graph above from records on horses she had worked with in the past (shown by the blue dots) and fit a linear regression equation (shown by the red line). According the regression equation, as the age of the horse increases in days. the wither height in cm Select an answer v The age of the horse in days and the wither height in cm are Select an answer The slope of the regression equation is approximately 0.044. interpret the slope by completing the sentence below. As the Select an answer v increases by 1, the Select an answer V increases by The regression equation approximates the wither height by the following formula. Let d = age in days Let W = wither height in cm W = 0.044 -d +…Question 3 The rational decision making model is most commonly applied to O programmed decisions. O uriprogrammed decisions O neither programmed nor unprogrammed decisions both neither programmed and unprogrammed decisions.Question 3: Jane is trying to forecast demand for her store, using moving average with n=2, Fill in the missing cells with correct values and find average error for first quarter and second quarter of year 2000 E Enroll- Year Quarter ment Forecast Error Abs Error 1997 313 3. 2 285 4 3 312 5. 4 339 6. 1998 1 359 7 320 356 385 6. 10 1999 396 367 11 397 12 423 13 14 2000 1 15 2000 3412M4
- Question 21 Binary variables are best suited to be the decision variables when dealing with yes-or-no decisions. O True FalseQ. Cypress River Landscape Supply is a large wholesale supplier of landscaping materials in Georgia. Cypress River's sales vary seasonally; sales tend to be higher in the spring months than in other months.a. Suppose Cypress River estimates a linear trend without accounting for this seasonal variation. What effect would this omission have on the estimated sales trend?b. Alternatively, suppose there is, in fact, no seasonal pattern to sales, and the trend line is estimated using dummy variables to account for seasonality. What effect would this have on estimation? Thank you for providing answer.QUESTION TWOGM Motors of Lusaka produces electronic motors for power actuated values for block makers in Lusaka. The GM Motors has been in operational for a year now and Mr. Banda, the plant manager, thinks that the growth in sales will continue for the years to come. Mr. Banda wants to develop a long range forecast to be used to plan facility requirements for the next three years. The sales records for the past ten years have been accumulated; Years Annual Sale (K’000)2007 10002008 13002009 18002010 20002011 20002012 20002013 22002014 26002015 29002016 3200 Required:a) Develop a regression equation for predicting the sales for the electronic motors. b) Use the regression equation to predict the sales for the next three year. c) Find the relationship between the sales and the years. Explain what your finding means. 2. A firm uses simple exponential smoothing with a=0.1…