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- Trend is oscillating pattern of increase or decrease in demand over a period of time. Select one: True FalsePlease show complete solution. Thank you!Foreign exchange forecasting can be either long-term, or short-term in duration. Compare and contrast the motivation for and the techniques a forecaster might use for each of the time periods.
- Which of the following is true about ARIMA models A. ARIMA models cannot be used for seasonal data B. ARIMA models are always better than other forecasting models C. ARIMA models include three parts, AR, MA, and I D. None of the aboveBell Greenhouses has estimated its monthly demand for potting soil to be the following: N = 400+5X where N is the monthly demand for bags of potting soil and X is the time period in months (March 2016 = 0). Assume this trend factor is expected to remain stable in the foreseeable future. The following table contains the monthly seasonal adjustment factors, which have been estimated using actual sales data from the past five years: Complete the following table by forecasting Bell Greenhouses' demand for potting soil in March, June, August, and December 2017. Adjustment Factor (%) Forecast Month March June August December +2 +15 +10 -12 The following table shows the forecasted and actual potting soil sales by Bell Greenhouses for April in five different years. Year Forecast Actual 2017 465 498 2016 405 417 2015 345 373 2014 285 296 2013 225 245 What seasonal adjustment factor would you recommend be used to forecast in April 2018? O 2.7% O 6.2% O 0.0%Calculate the expected mean for this equation, while µ 0.a ; $1 = 0.0a Yt = µ + $1yt-1+Ut
- The following is the data of recent refrigerator sales at a local Home Depot store. Month 1 2 3 4 5Actual Sales 95 100 80 90 ???Inputs will be exact numbers. What is the forecasted sales in month 5 using naive approach.Please use a 2-month simple moving average method to forecast sales in month 5.Please use a weighted moving average method, with weights of 0.6 one period ago, 0.3 two periods ago, and 0.1 three periods ago, to forecast sales in month 5.Bureau 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…The following table was generated from the sample data of 10 newborn babies regarding the weight of the mother at birth, the weight of the father at birth, and the weight of the baby at birth. The dependent variable is the weight of the baby, the first independent variable (x) is the mother's weight, and the second independent variable (x2) is the father's weight. Intercept Coefficients Standard Error 20.430131 Mother's Weight - 1.048035 Father's Weight t-Stat p-value 2.323627 0.200737 8.792346 0.000316 -5.220929 0.003407 -0.934498 0.220528 -4.237555 0.008189 Step 1 of 2: Write the multiple regression equation for the computer output given. Round your answers to three decimal places. Answer How to enter your answer (opens in new window) ŷ = + x1 + x2 Copy Data Tables Keypad Keyboard Shortcuts
- 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.Break even analysis utilizes both current and projected figures. In a rapidly changing economy, there are many individuals who are finding that their initial break even analyses were incorrect. In your opinion, what could be done to minimize errors in projections?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…
