b) Below are the no of customers, visiting a local Tesco Express, in the first week ofholiday season. The store manager would like to avoid stock out in the busy period.Provide forecast of sales on Saturday next week, using 3 point moving average andseasonal variation. Assume same seasonal variation next period.3 PointMoving SeasonalWeek days Customers Average VariationMondayTuesdayWednesdayThursdayFridaySaturdaySunday(i)(ii)1,5251,3521,2501,4001,5151,8151,750Calculate daily trend, all rounded to unitsCalculate sales value trend in next turday, all rounded to units

Given the data of the number of customers, visiting a local Tesco Express, in the first week of the…

Answered: b) Below are the no of customers,…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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In an ever-changing economy, the price of fuel is never constant for too long. The following table shows the average prices and quantities sold of petrol and diesel for June 2012 and June 2014 in the Western Cape. If the base year is 2012, find the Laspeyres quantity index. Round off to four decimals. Jun-12 Jun-14 Quantity Quantity sold sold (millions Price (millions Price Fuel of litres) (Rand) of litres) (Rands) Petrol 1698 9.83 1744 8.27 Diesel 1406 10.80 1489 7.67
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Coconut groove claims it's still the best in Ghana despite stiff competition from fiesta royal, La palm and others. It has embarked on a price restructuring and adverts to boost demand for the coming year. It has a number of meals served which is regressed against average price per meal( P in GHS), Competitors price( P in GHS ), adverts in each outlet immediate service area (A in GHS), the average income per household in each outlet service area (Y in GHS). Use this information to answer the questions below. Q P PC A Y Q 1.00 P -0.73 1.00 PC 0.41 -0.11 1.00 A 0.31 -0.08 0.43 1.00 Y 0.38 0.03 -0.19 -0.20 1.00 1. Which three pairs of variables are perfectly correlated. 2. Which the three pairs of variables are maybe mostly strongly correlated with the response variable. 3. Which three pairs of variables I may be mostly multicollinear. 4. Which three pairs of variables are least multicollinear. 5. Which three pairs of variables are…
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An economist wants to determine the relation between one’s FICO score, ?, and the interest rate (in percent) of a 36-month auto loan, ?. Credit score,x Interest Rate(percent), y 545 18.982 595 17.976 640 12.218 675 8.612 705 6.680 750 5.150 (a) What is the best fit line that could be used to predict the interest rate? (b) Interpret the slope and vertical intercept. (c) How would you determine if your best fit line is a good fit for this data? Explain using at least two methods
The marketing manager of "ABC Tapes" wants to assess the competitiveness of the company's product in the market. Table 1 represents the prices and quantities of blank cassette tapes sold in January 2016 and January 2020. TABLE 1 2016 2020 Length of tapes Price Quantity Price Quantity 30 minutes R 4.00 32 R 5.60 40 60 minutes R 4 30 150 R 6.15 190 90 minutes R 4.60 100 R 7.40 130 Using 2016 as base and calculate for 2020 the following: Determine the Laspeyres price index: a) 149.492 Ob) 149.367 Oc) 66.949 d) 66.893
2. Which of the following statements is false? Explain your answer. A. A price index can be used to compare changes in prices over time. B. A graph of the average monthly price of gas is an example of an index. C. Price index values are often calculated relative to a base value at a certain point in time or in a certain place. D. Index values can be greater than 100.
Assuming equal effort (# of nets in the water has not changed and the fishing season dates have stayed the same) identify trends in the squid population you see in the data. Based on your textbook reading this week, speculate what processes or dynamics could produce the population trends seen in your data.
I need expert advice please especially with the graph. The table below shows monthly data collected on production costs and on the number of units produced over a twelve month period. Month Total Production Costs Level of Activity(Units Produced) July $230,000 3,500August 250,000 3,750September 260,000 3,800October 220,000 3,400November 340,000 5,800December 330,000 5,500January 200,000 2,900February 210,000 3,300March 240,000…

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