Calculate the Karl Pearson 's coefficient of correction between expenditure and sales.

Q: (the seasonal index for Quarter 1).  Actual sales in Quarter 1 were 4000 dollars. 1. What is the…

A: We are given: Seasonal Index or the Adjusted sales in Quarter 1=160Actual sales in Quarter 1=4000…

Q: f unemployment is 8 percent. Use Okun's law to determine the size of the GDP gap in percentage-point…

A: Given that - In a particular year the natural rate of unemployment (NRU) is 5 percent and the actual…

Q: If the price of an item doubles in four years, the yearly average growth rate of its price is Select…

A: It is an important part of statistics . It is widely used .

Q: 3.) Suppose that deflation occurs in the U.S. economy and that the CPI (as a measure of f) is…

A:

Q: An investment grew by 4% in the first year, 6% in the second year and 10% in the third year with…

A: Annual average growth rate is calculated as sum of each year growth rate divided by the number of…

Q: The price elasticity of supply for bananas is 0.2. If the price rises by 5%, what will happen to the…

A: Price elasticity of supply= (% change in quantity supplied)/ (% change in price)

Q: Using exponential smoothing, calculate the forecasts for the same months as in problem 8.3c. The old…

A: Given: The data regarding the forecast: Month Actual demand Forecast 1 102   2 91   3 95…

Q: 7.In 1990, the world population was 5.284 billion, with a relative growth rate of 1.56%/year.  Use…

A:

Q: The price of oil was steadily increasing by 3% a year for a 10-year period. The cause was general…

A: Given that, The price of oil was steadily increasing by 3% a year for a 10-year period. The cause…

Q: 9. The price of gold (end of year prices in Dollars per ounce) is shown in the table below. If you…

A: The Consumer Price Index (CPI) measures the change in prices paid by consumers for goods and…

Q: The Shrinking Rainy Day Fund. On October 5, 2015 The Boston Globe published a story headlined…

A: Calculation:Compute the total state spending as of summer of 2007 as follows.

Q: In a twitter post you just saw, you found out apartment rental costs in San Francisco tripled…

A: The growth is modelled using the equation, f(t)=a(1+r)t , where, a is the initial value of an item,…

Q: The cost of goods sold for Veltron International last year amounted to $561,000, and the average…

A:

Q: 5. How is the flow of investors' money into stock mutual funds related to the flow of money into…

A: Introduction: Denote β1 as the true slope corresponding to the predictor Stock.