Match the description of the management accounting technique to the data analytics type:Managerial Accounting Technique1. Conditional formatting2. Time series analysis3. What-if analysis4. Sensitivity analysis5. Summary statistics6. Capital budgeting7. Computation of job order costingData Analytics Type

There are mainly four types of data analytics. Descriptive analytics Diagnostic analytics…

Answered: Match the description of the management…

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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11. Use the following data to calculate (a) the size of the labor force and (b) the official unemployment rate: total population, 600; population under 16 years of age or institutionalized, 120; not in labor force, 150; unemployed, 23; part-time workers looking for full-time jobs, 10. (a) the size of the labor force: (b) the official unemployment rate: (c) What is the full-employment rate of unemployment (or NRU) today? percent (d) Would you say that the above example shows a year of full employment? ( Yes, No).
The Ministry of Natural Resources is about to embark on an exercise to estimate the potential for the development of a Non-Timber Forest Products industry in Region One, Barima/Waini. A survey is to be carried out with the aim of establishing quantitative benchmarks regarding the Region’s resource endowment. can you help me to suggest an appropriate problem statement to be associated with the activity?
The Big Mac index is a way of measuring Purchasing Power Parity (PPP) between different countries. By diverting the average national Big Mac prices to U.S. dollars, the same goods can be informally compared. The Big Mac can also be a good indicator for the individual purchasing power of an economy since he exists worldwide in standard size, composition and quality. Price # of Countries Rel. f. Cum. f 1.50-1.99 2 2.00-2.49 4 2.50-2.99 7 3.00-3.49 9. 3.50-3.99 7 4.00-4.49 8 4.50-4.99 9 5.00-5.49 7 5.50-5.99 1 6.00-6.49 2 6.50-6.99 1 a. What is the statistical name of the table above? b. How many countries were sampled? c. State the class width. d. Calculate the mean and standard deviation of the average prices of a Big Mac worldwide. Attach correct symbols and units to your answers. Explain how you obtained your answers.
If a forecaster wanted to choose a forecasting model that avoided having a large forecasting error in any given period, which error metric should they use when evaluating their forecasting options? CFE O AFE MAD MAPE O MSE
(b) Table 1 shows consumables usage data from a leading manufacturer. Forecast the demand for August, September and October using: i) a three-month moving average ii) a four-month weighted moving average using 50 percent of the actual usage for the most recent month, 20 percent of two months ago, 15 percent of three months ago and 15 percent of four months ago. Using an example, explain what are the benefits of using the weighted moving average method of forecasting instead? Month February 2023 March 2023 April 2023 May 2023 June 2023 July 2023 Consumables Used 884 892 972 990 956 880
or each predictor variable, state the P-value and determine whether the predictor variable is significant in explaining delivery charges. Predictor variables P-value Significant in explain Delivery charges Distance .................. .............. Weight .................. .............. Boxes ............... .................
Plot the sales revenue figures and appropriate trend line on a graph and identify from this the choice of model for working out the seasonal component. Using the appropriate seasonal model, complete the calculations that are required to produce the required forecasts for quarters 1, 2, 3 and 4 of 2021. On the basis of your analysis explain the recommendation that you would make to ALAW Ltd regarding its future plans.

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