Passenger miles flown on Northeast Airlines, a commuter firm serving the Boston hub, are shown for the past 12 weeks:Week1234Actual Passenger Miles (in thousands)1823 19D6 7891011121124524 20 19 21 20 25 21a) Assuming an initial forecast for week 1 of 18,000 miles, use exponential smoothing to compute miles for weeks 2through 12. Use a = 0.25 (round your responses to two decimal places).Week1234567891011 12Forecasted PassengerMiles (in thousands)18.00 18.00 19.25 19.19 20.39 20.29 19.97 20.23 20.17 21.38

The exponential smoothing formula is: Ft+1=αAt+(1−α)Ftwhere:Ft+1 is the forecast for the next…

Answered: Passenger miles flown on Northeast…

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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A soda company is monitoring the number of cases of soda it produces as a function of time. A manager checked the line several times a day for a week. She then graphed the combined data. Assume that we should see a linear (best straight line) relationship between time and production. What is the best estimate of the number of cases that will be produced in 1 hr on a typical day? 8. 7 1 0.5 1.5 2 2.5 Time in hours Select one: а. 1 b. 2 C. 2.5 d. 4.5 е. 7 Cases of soda produced
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Please solve with accurate steps.
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An entrepreneur who owns and operates two businesses (A and B) would like to analyze their profitability. They would like your help in the analysis. They give you the annual net profit (in thousands of $) for each business from 2008-2020. Table 1: Annual Net Profits for Businesses A and B Business Year Profit Business Year Profit 2008 -50 2008 -10 2009 57 2009 30 2010 71 2010 27 2011 64 2011 22 2012 60 2012 21 2013 50 2013 20 A 2014 41 2014 24 2015 59 2015 24 2016 71 2016 32 2017 71 2017 36 2018 74 2018 37 019 81 20 40 2020 97 2020 49 a. Suppose you want to graph the distribution of profits. Explain why using only one stem- plot might not be optimal for the analysis. b. Describe the correct stemplot to use. Generate this stemplot. Explain your steps. What can you say about the distribution from this stemplot? c. When are stemplots useful? And why is that? d. Suppose that instead of having 26 observations you have 200 observations. What graph should you generate? e. What other type of…

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