STATISTICAL TECH IN BUSN LLW/CONNECT
STATISTICAL TECH IN BUSN LLW/CONNECT
18th Edition
ISBN: 9781264293629
Author: Lind
Publisher: MCG
Question
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Chapter 18, Problem 19E

a.

To determine

To draw: The graph of the given time series.

b.

To determine

To explain: The pattern of the given time series.

c.

To determine

To explain: The reason for which forecasting with a seasonally adjusted trend model appropriate for the given time series data.

d.

To determine

To calculate: A seasonally adjusted trend forecasting model and the MAD.

e.

To determine

To calculate: The quarterly indexes.

f.

To determine

To calculate: The forecasted sale for next four time periods.

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Solve the following LP problem using the Extreme Point Theorem: Subject to: Maximize Z-6+4y 2+y≤8 2x + y ≤10 2,y20 Solve it using the graphical method. Guidelines for preparation for the teacher's questions: Understand the basics of Linear Programming (LP) 1. Know how to formulate an LP model. 2. Be able to identify decision variables, objective functions, and constraints. Be comfortable with graphical solutions 3. Know how to plot feasible regions and find extreme points. 4. Understand how constraints affect the solution space. Understand the Extreme Point Theorem 5. Know why solutions always occur at extreme points. 6. Be able to explain how optimization changes with different constraints. Think about real-world implications 7. Consider how removing or modifying constraints affects the solution. 8. Be prepared to explain why LP problems are used in business, economics, and operations research.
ged the variance for group 1) Different groups of male stalk-eyed flies were raised on different diets: a high nutrient corn diet vs. a low nutrient cotton wool diet. Investigators wanted to see if diet quality influenced eye-stalk length. They obtained the following data: d Diet Sample Mean Eye-stalk Length Variance in Eye-stalk d size, n (mm) Length (mm²) Corn (group 1) 21 2.05 0.0558 Cotton (group 2) 24 1.54 0.0812 =205-1.54-05T a) Construct a 95% confidence interval for the difference in mean eye-stalk length between the two diets (e.g., use group 1 - group 2).
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