Suppose for a particular week, the forecasted sales were $4,000. The actual sales were $3,000. What is the value of the mean absolute percentage error?
Q: What is the precision of the following model? Actual Predicted yes no yes 40 8 no 2 50 Group…
A: Actual no yes Predicted no 40 8 yes 2 50 0.8862 0.8621 0.9091 0.9615
Q: If I had to round it, how would I round it and what would the rounded value be
A: To find the 2's complement of a binary number, you need to: Invert all the bits in the number…
Q: The length of a particular species of fish can be assumed to be normally distributed with mean 25cm…
A: What is Programming language mean: 1. Programming is the process of creating a set of instructions…
Q: Use Python or Matlab to produce the solution for the following problems. Calculate the probability…
A: 1. Initialize the probabilities list with the given probabilities: [0.2, 0.2, 0.2, 0.2, 0.2].2.…
Q: Ten tosses of a coin always show the same result. For which outcomes are four tails the maximum?
A: A coin is tossed into the air and allowed to settle on the ground. The outcome of the experiment…
Q: We are buying a guidebook and a towel for a total sum of 110 dollars. The guidebook costs 100…
A: Let the cost of guidebook be g. Let the cost of towel be t.
Q: the probability that you are infected if a 95% accurate test returns a positive result
A:
Q: 20 students were polled. 8 of them are taking Spanish. 5 of them are taking Latin. None of them are…
A: Here is your solution -
Q: using RStuido, The cell phone bill varies from month to month. Suppose that your bills had the…
A: Let's break down and explain each calculation step by step:
Q: Three Point Estimate is: an estimate that includes an optimistic, most likely, and pessimistic…
A: Answer is true because in three point estimate we use optimistic, mostly likely, pessimistic value…
Q: How many flo0Is does the hotel have? 3 How many rooms are on floor 1? 6 Please enter 10 or more: 10…
A: n=int(input("How many floors does the hotel have"))sum=0sum1=0for i in range(1,n+1): print("How…
Q: What's one equation I can use as a curve_fit to predict agricultural product production for the next…
A: To solve the given problem we are using python language. Python is a high-level programming…
Q: Perform a linear interpolation of the above data to estimate the temperature in even years. Data:…
A: To perform linear interpolation and estimate the temperature in even years based on the given data,…
Q: A student goes to the school canteen. The probability that they get fish is 0.2, get chips is 0.5,…
A: Given probability that the student gets fish P(A) =0.2 probability that the student gets chips P(B)…
Q: Using R, use antithetic variables to estimate the following: In(1+x2) dt x2 "
A:
Q: step by step procedure to obtain test statistic and p-value without software
A: Without utilising software, a test statistic and p-value can be calculated manually by following a…
Q: A set of data items is normally distributed with a mean of 210 and a standard deviation of…
A: Your answer is given below in detail. Introduction :- It's z-score is the distance a data point is…
Q: You have below in a table the frequency distribution of the waiting time of customers at a sandwich…
A: The given data is: 14 16 19 25 160 225 175 40 The total count= 8 Sum of data (Σ)=674
Q: The following equations estimate the calories burned when exercising (source): Women: Calories = (…
A: Step1 : inputs age (in years), weight (in pounds), heart rate (in beats per minute), and time…
Q: 1. Suppose that a set of samples x1, x2, ..., xn, all real numbers, are drawn i.i.d. from the same…
A: Note: Answering the first question as per the guidelines. Input : Set of samples: x1,x2, ...., xn…
Q: Using the Gaussian Probability Density function write a function that will calculate the probability…
A: The question has been answered in step2
Q: What does it mean to measure centrality and the spread of a variable with at least two measures…
A: Degree Centrality: This measures the number of connections a node has. Nodes with a higher degree…
Suppose for a particular week, the forecasted sales were $4,000. The actual sales were $3,000. What is the value of the mean absolute percentage error?
Unlock instant AI solutions
Tap the button
to generate a solution
Click the button to generate
a solution
- An INFO 5880 student is interested in predicting the city miles per gallon (MPG) rating of vehicles. He eventually came up with a regression model for predicting MPG based on horsepower based on a sample of 110 compact cars. Minitab regression output for this model is shown below. Use this output to answer the questions that follow. City MPG = 30.74 – 0.04162 Horsepower One of the vehicles in the sample has 255 horsepower and is rated at 17 MPG. For this vehicle, the residual is _____________Is this statement true? When outliers are important then it is important not to change the current minimum and maximum for normalization. False TrueGiven the following values (200, 400, 800, 1000, 2000): Calculate their mean, variance, and standard deviation. Normalize them using min-max normalization with and . Normalize them using z-score.
- There are three financial aid counselors. If a student’s last initial is from A – H, let them know that their counselor is Jon Stewart. If a student’s last initial is from I – Q, let them know that their counselor is Chelsea Handler. If a student’s last initial is from R – Z, let them know that their counselor is Brian Williams.Ask student for the FICO score, if it’s less than 660 tell that this student cannot have a loan.What does the z-score of a data point tell us? Group of answer choices How many standard deviations a number is from the mean. How many IQR the max and min are from the mean. How far a number is from the mean. How many IQR a number is from the mean.An instructor who taught two sections of engineering statistics last term, the first with 25 students and the second with 40, decided to assign a term project. After all projects had been turned in, the instructor randomly ordered them before grading. Consider the first 15 graded projects. (a) What is the probability that exactly 10 of these are from the second section? (Round your answer to four decimal places.) (b) What is the probability that at least 10 of these are from the second section? (Round your answer to four decimal places.) (c) What is the probability that at least 10 of these are from the same section? (Round your answer to four decimal places.) (d) What are the mean value and standard deviation of the number among these 15 that are from the second section? (Round your mean to the nearest whole number and your standard deviation to three decimal places.) mean projectsstandard deviation projects (e) What are the mean value and standard deviation of…
- A particular telephone number is used to receive both voice calls and fax messages. Suppose that 20% of the incoming calls involve fax messages, and consider a sample of 20 incoming calls. (Round your answers to three decimal places.) (a) What is the probability that at most 6 of the calls involve a fax message?(b) What is the probability that exactly 6 of the calls involve a fax message?(c) What is the probability that at least 6 of the calls involve a fax message?(d) What is the probability that more than 6 of the calls involve a fax message?Suppose that the minimum and the maximum values of the attribute cholesterol level are 104 and 253, respectively. Use min-max normalization to transform the value 148 for cholesterol level onto the range [0.0, 1.0). Round your result to one decimal place.Given that the mean for a data set is 24.8 and the standard deviation is 2.3, find the z-score of the number 27 in this set. Group of answer choices -0.96 0.96 0.83 1.00