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- The Carbondale Hospital is considering the purchase of a new ambulance. The decision will rest partly on the anticipated mileage to be driven next year. The miles driven during the past 5 years are as follows: Year Mileage 1 3,050 a) Using a 2-year moving average, the forecast for year 6 = miles (round your response to the nearest whole number). b) If a 2-year moving average is used to make the forecast, the MAD based on this = miles (round your response to one decimal place). (Hint: You will have only 3 years of matched data.) c) The forecast for year 6 using a weighted 2-year moving average with weights of 0.45 and 0.55 (the weight of 0.55 is for the most recent period) = miles (round your response to the nearest whole number). The MAD for the forecast developed using a weighted 2-year moving average with weights of 0.45 and 0.55 = d) Using exponential smoothing with a = 0.20 and the forecast for year 1 being 3,050, the forecast for year 6 = miles (round your response to one decimal…The population of a sate decreases every year at the rate 4% per annum. The population of the state 3 years ago was 150000. Find present population.Performance of Key Sectors Exports of manufactured goods surpassed RM1 tril mark for the first time Manufactured Goods Manufactured Goods RM848.84 bil RM1.067 tril 个25.6% 123.4% 86.1%* 86.0% EXPORTS IMPORTS RM1.240 tril RM987.24 bil 5.6% 7.9% 5.4% 6.2% Others . Agriculture Goods RM4.71 bil RM98.10 Others Ágriculture Goods RM60.97 bil 个12.3% 136.8% RM24.40 bil Mining Goods RM69.79 bil 158.7% 125.0% 119.5% Mining Goods RM53.04 bil Note: * share 19.0% 1. ANALYSE THE PERFORMANCE OF THE KEYS SECTORS ABOVE
- Does the following dataset satisfy GARP?A pressure transducer regulates a climate control system in a factory. The transducer fails according to an exponential distribution with rate one failure every five years on average. For the pressure transducer mentioned above, use the failure rate function to estimate the likelihood that a transducer that has been operating for six years fails in the seventh year. How close is the approximation to the exact answer?Calculate the expected mean for this equation, while µ 0.a ; $1 = 0.0a Yt = µ + $1yt-1+Ut
- When you copy a formula Excel erases the original copy of the formula O Excel edits cell references in the newly copied formula Excel adjusts absolute cell references Excel doesn't adjust relative cell referencesBureau of Economic Analysis in the USA is responsible for construction and maintenance of national income and product accounts (NIPA). Measurement began in the 1930s due to frustration of Roosevelt and Hoover trying to design policies to combat the Great Depression. Simon Kuznets (Nobel laureate) was commissioned to develop initial methodology and estimates. In 1947, the process became much more consistent. Methodologies have frequently been changed (improved?) as a result of advances in economics, accounting, and data collection. Past data are then revised to reflect new definitions. On the following information, calculate GNP at factor cost. Whether GNPFC derive from income method equivalent to expenditure method? S.No. Items Rs. (In Crores) 1 Private final consumption expenditure 1000 2 Net domestic capital formation (Investment) 200 3 Profit 400 4 Compensation of employers (Wages and salaries) 800 5 Rent 250 6 Government final consumption expenditure…12- Which of the following is true in case of measurement error in the regressor? a) O Predictors are biased and consistent 35 b) O Predictors are unbiased and consistent C) O Predictors are unbiased and inconsistent d) O Predictors are biased and inconsistent Leave blank
- Please ensure your response includes an accurate answer along with a thorough explanation and clear calculation. To maintain the integrity of the solution, please do not use ChatGPT or submit handwritten responses. Originality is essential, so avoid any form of plagiarism. A complete and precise answer will be appreciated with an upvote.MULTIPLE CHOICE Let yt = 12.50 be the natural logarithm of Real GDP in year t. Suppose that gt = 12.45 is the trend for yt in year t. Then: (1) the cyclical component of Real GDP in year t is 5%. (2) the cyclical component of Real GDP in year t is −5%. (3) the cyclical component of Real GDP in year t is 0.05%. (4) the cyclical component of Real GDP in year t is −0.05%.Suppose that you work for a U.S. senator who is contemplating writing a bill that would put a national sales tax in place. Because the tax would be levied on the sales revenue of retail stores, the senator has asked you to prepare a forecast of retail store sales for year 8, based on data from year 1 through year 7. The data are: (c1p2) Year Retail Store Sales 1 $1,225 2 1,285 3 1,359 4 1,392 5 1,443 6 1,474 7 1,467 54 Chapter One a. Use the first naive forecasting model presented in this chapter to prepare a forecast of retail store sales for each year from 2 through 8. b. Prepare a time-series graph of the actual and forecast values of retail store sales for the entire period. (You will not have a forecast for year 1 or an actual value for year 8.) c. Calculate the root-mean-squared error for your forecast series using the values for year 2 through year 7. 3. Use the second naive forecasting model presented in this chapter to answer parts (a) through (c) of Exercise 2. Use P 0.2 in…