: Seasonal and = amounts listed below f 020 37,237
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![Problem 15-8 Spreadsheet Problem: Seasonal and Trend Estimated Sales (LG15-2)
John's Bait and Fish Shop has had the monthly sales amounts listed below for the last four years.
Year:
2017
2018
2019
2020
January $ 417,772
$ 585,999
$ 334,477 $ 587,237
February 113,110
138,191
166,936
114,904
March 139,878 177,804
86,993 138,381
392,620
512,393
458,459
437,586 927,701 535,856 851,239
743,541 1,085,502 598,028 741,220
July 1,449,469 1,250,878 1,564,443 1,580,045
August 1,428,447 1,794,651 1,850,385 1,590,062
September 1,179,475 1,023,896 683,008 725,453
October 368,881 466,181 483,351 652,794
November 257,238 389,475 262,180
310,030
December 322,024 387,349 234,914
371,080
Assuming that there are both seasonality and a trend, estimate monthly sales for each month of the coming year.
Note: Round your answers to the nearest whole dollar amount.
April
May
June
428,153](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F7cd338bb-3738-4289-b54a-3b7b8416cf99%2Ff73600ae-8853-4a7c-9d0b-e943d2e96ef7%2F7u6ak7_processed.jpeg&w=3840&q=75)
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- . Death 2010 The January 2012 National Vital StatisticsReport by the Centers for Disease Control and Preventionincluded information on deaths in the United States forthe year 2010. The 4 most common causes-heart disease,cancer, respiratory diseases, and stroke-accounted fornearly 60% of all deaths. What problems do you see withthe graph at the top of the next column?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…Problem 4 The quarterly sales data of one company over the past three years follow. Year 2019 Qtr1 Qtr2 Qtr3 Qtr4 2020 Qtr1 Qtr2 Qtr3 Qtr4 2021 Qtr1 Qtr2 Qtr3 Qtr4 Sum of Sales Amount 113788.668 30739.191 30274.866 26493.477 26281.134 118597.092 32277.195 31854.921 27643.779 26821.197 127046.229 33749.148 33255.927 29940.456 30100.698 Hình 1: Data Table for Exercise 4 a. Construct a time series plot. What type of pattern erists in the data? b. Use a regression model with dummy variables to develop an equation to account for seasonal effects (only) in the data. c. Compute the quarterly forecasts for next year. d. Take into account for both the seasonal effects in the data and linear trend, compute the quarterly forecasts for next year.
- The following data were taken from the annual reports of Big Bang Inc., a manufacturer of fireworks, and Orange Inc., a manufacturer of computers. Big Bang, Inc. Orange, Inc. Cost of goods sold $830,000 $11,540,000 Inventory, end of year 190,000 320,000 Inventory, beginning of year 240,000 290,000 What is the inventory turnover for Big Bang and Orange. a. Big Bang, Inc.: 3.86Orange, Inc.: 37.84 b. Big Bang, Inc.: 3.86Orange, Inc.: 9.65 c. Big Bang, Inc.: 94.55Orange, Inc.: 37.84 d. Big Bang, Inc.: 94.55Orange, Inc.: 9.65Problem 15-8 Spreadsheet Problem: Seasonal and Trend Estimated Sales (LG15-2) John’s Bait and Fish Shop has had the monthly sales amounts listed below for the last four years. Year: 2017 2018 2019 2020 January $ 417,772 $ 585,999 $ 334,477 $ 587,237 February 113,110 138,191 166,936 114,904 March 139,878 177,804 86,993 138,381 April 428,153 392,620 512,393 458,459 May 437,586 927,701 535,856 851,239 June 743,541 1,085,502 598,028 741,220 July 1,449,469 1,250,878 1,564,443 1,580,045 August 1,428,447 1,794,651 1,850,385 1,590,062 September 1,179,475 1,023,896 683,008 725,453 October 368,881 466,181 483,351 652,794 November 257,238 389,475 262,180 310,030 December 322,024 387,349 234,914 371,080 Assuming that there are both seasonality and a trend, estimate monthly sales for each month of the coming year. Note: Round your answers to the nearest whole dollar amount.Year No. of Eastern Bluebird 1970 200 1975 300 1980 125 1985 250 1990 425 1995 450 2000 575 2005 675 2010 500 can you please solve f ,g and h a) Make a scatter plot of the number of birds vs. year record. b) Create a table with this data that compares Years Since 1900 vs. the number of birds. Fill in extra columns for Years-Since-Squared and Years*Birds. Complete the table by adding rows for column totals and column averages. c) Calculate the linear regression for this model. e) Calculate the correlation coefficient for this model. f) Translate your linear regression so that the model is now Year vs. Number of birds. g) Add the model to your scatter plot. h) Compute the residual errors for your model. i) Plot your residual errors. j) Interpolate your model to find the number of birds in 1983 and 2001.
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