Understanding Basic Statistics
8th Edition
ISBN: 9781337558075
Author: Charles Henry Brase, Corrinne Pellillo Brase
Publisher: Cengage Learning
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Chapter 5.2, Problem 4P
Basic Computation:
(a) Can
(b) If
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The details of the clock sales at a supermarket for the past 6 weeks are shown in the table below. The time series appears to be relatively stable, without trend, seasonal, or cyclical effects. The simple moving average value of k is set at 2. If the smoothing constant is assumed to be 0.7, and setting
F1 and F2=A1,
what is the exponential smoothing sales forecast for week 7? Round to the nearest whole number.
Week
Units sold
1
88
2
44
3
54
4
65
5
72
6
85
Question content area bottom
Part 1
A.
80 clocks
B.
60 clocks
C.
70 clocks
D.
50 clocks
The details of the clock sales at a supermarket for the past 6 weeks are shown in the table below. The time series appears to be relatively stable, without trend, seasonal, or cyclical effects. The simple moving average value of k is set at 2. Calculate the value of the simple moving average mean absolute percentage error. Round to two decimal places.
Week
Units sold
1
88
2
44
3
54
4
65
5
72
6
85
Part 1
A.
14.39
B.
25.56
C.
23.45
D.
20.90
The accompanying data shows the fossil fuels production, fossil fuels consumption, and total energy consumption in quadrillions of BTUs of a certain region for the years 1986 to 2015. Complete parts a and b.
Year Fossil Fuels Production Fossil Fuels Consumption Total Energy Consumption1949 28.748 29.002 31.9821950 32.563 31.632 34.6161951 35.792 34.008 36.9741952 34.977 33.800 36.7481953 35.349 34.826 37.6641954 33.764 33.877 36.6391955 37.364 37.410 40.2081956 39.771 38.888 41.7541957 40.133 38.926 41.7871958 37.216 38.717 41.6451959 39.045 40.550 43.4661960 39.869 42.137 45.0861961 40.307 42.758 45.7381962 41.732 44.681 47.8261963 44.037 46.509 49.6441964 45.789 48.543 51.8151965 47.235 50.577 54.0151966 50.035 53.514 57.0141967 52.597 55.127 58.9051968 54.306 58.502 62.4151969 56.286…
Chapter 5 Solutions
Understanding Basic Statistics
Ch. 5.1 - Statistical Literacy List three methods of...Ch. 5.1 - Statistical Literacy Suppose a weather app says...Ch. 5.1 - Statistical Literacy What is the probability of...Ch. 5.1 - Statistical Literacy What is the law of large...Ch. 5.1 - Interpretation A Harris Poll indicated that of...Ch. 5.1 - Interpretation According to a recent Harris Poll...Ch. 5.1 - Basic Computation: Probability as Relative...Ch. 5.1 - Basic Computation: Probability of Equally Likely...Ch. 5.1 - Interpretation An investment opportunity boasts...Ch. 5.1 - Interpretation A sample space consists of 4 simple...
Ch. 5.1 - Critical Thinking Consider a family with three...Ch. 5.1 - Critical Thinking Consider the experiment of...Ch. 5.1 - Critical Thinking On a single toss of a fair coin,...Ch. 5.1 - Critical Thinking (a) Explain why -0.41 cannot be...Ch. 5.1 - Myers-Briggs: Personality Types Isabel Briggs...Ch. 5.1 - General: Roll a Die (a) If you roll a single fair...Ch. 5.1 - Psychology: Creativity When do creative people get...Ch. 5.1 - Agriculture: Cotton A botanist has developed a new...Ch. 5.1 - Expand Your Knowledge: Odds in Favor Sometimes...Ch. 5.1 - Expand Your Knowledge: Odds Against Betting odds...Ch. 5.1 - Business: Customers John runs a computer software...Ch. 5.2 - Statistical Literacy If two events are mutually...Ch. 5.2 - Statistical Literacy If two events A and B are...Ch. 5.2 - Basic Computation: Addition Rule Given P(A)=0.3...Ch. 5.2 - Basic Computation: Addition Rule Given P(A)=0.7...Ch. 5.2 - Basic Computation: Multiplication Rule Given...Ch. 5.2 - Basic Computation: Multiplication Rule Given...Ch. 5.2 - Basic Computation: Rules of Probability Given...Ch. 5.2 - Basic Computation: Rules of Probability Given...Ch. 5.2 - Critical Thinking Lisa is making up questions for...Ch. 5.2 - Critical Thinking Greg made up another question...Ch. 5.2 - Critical Thinking Suppose two events A and B are...Ch. 5.2 - Critical Thinking Suppose two events A and B are...Ch. 5.2 - Critical Thinking Consider the following events...Ch. 5.2 - Critical Thinking Consider the following events...Ch. 5.2 - General: Candy Colors MM plain candies come in...Ch. 5.2 - Environmental: Land Formations Arches National...Ch. 5.2 - General: Roll Two Dice You roll two fair dice, a...Ch. 5.2 - General: Roll Two Dice You roll two fair dice, a...Ch. 5.2 - General: Roll Two Dice You roll two fair dice, a...Ch. 5.2 - General: Roll Two Dice You roll two fair dice, a...Ch. 5.2 - General: Deck of Cards You draw two cards from a...Ch. 5.2 - General: Deck of Cards You draw two cards from a...Ch. 5.2 - General: Deck of Cards You draw two cards from a...Ch. 5.2 - General: Deck of Cards You draw two cards from a...Ch. 5.2 - Marketing: ToysUSA Today gave the information...Ch. 5.2 - Health Care: Flu Based on data from the...Ch. 5.2 - Focus Problem: Lie Detector Test In this problem,...Ch. 5.2 - Survey: Medical Tests Diagnostic tests of medical...Ch. 5.2 - Survey: Lung/Hear t In an article titled...Ch. 5.2 - Survey: Customer Loyalty Are customers more loyal...Ch. 5.2 - Survey: Sales Approach In a sales effectiveness...Ch. 5.3 - Statistical Literacy What is the main difference...Ch. 5.3 - Statistical Literacy Consider a series of events....Ch. 5.3 - Critical Thinking For each of the following...Ch. 5.3 - Critical Thinking You need to know the number of...Ch. 5.3 - TreeDiagram (a) Draw a tree diagram to display all...Ch. 5.3 - TreeDiagram (a) Draw a tree diagram to display all...Ch. 5.3 - Tree Diagram There are six balls in an urn. They...Ch. 5.3 - Prob. 8PCh. 5.3 - Multiplication Rule for Counting Four wires (red,...Ch. 5.3 - Multiplication Rule for Counting A sales...Ch. 5.3 - Counting: Agriculture Barbara is a research...Ch. 5.3 - Counting: Outcomes You toss a pair of dice. (a)...Ch. 5.3 - Compute P5,2.Ch. 5.3 - Compute P8,3.Ch. 5.3 - Compute P7,7.Ch. 5.3 - Compute P9,9.Ch. 5.3 - Compute C5,2.Ch. 5.3 - Compute C8,3.Ch. 5.3 - Compute C7,7.Ch. 5.3 - Compute C8,8.Ch. 5.3 - Counting: Hiring There are three nursing positions...Ch. 5.3 - Counting: Lottery In the Cash Now lottery game...Ch. 5.3 - Counting: Sports The University of Montana ski...Ch. 5.3 - Counting: Sales During the Computer Daze special...Ch. 5.3 - Counting: Hiring There are 15 qualified applicants...Ch. 5.3 - Counting: Grading One professor grades homework by...Ch. 5.3 - Counting: Hiring The qualified applicant pool for...Ch. 5.3 - Counting: Powerball The Viewpoint of this section,...Ch. 5 - Terminology Consider the following terms: sample...Ch. 5 - Terminology Consider the following situations:...Ch. 5 - Terminology Can two events that mutually exclusive...Ch. 5 - Terminology Consider two counting rules:...Ch. 5 - StatisticalLiteracy Consider the following two...Ch. 5 - Statistical Literacy If two events A and B are...Ch. 5 - Statistical Literacy If two events A and B are...Ch. 5 - Interpretation You are considering two facial...Ch. 5 - Interpretation You are applying for two jobs, and...Ch. 5 - Critical Thinking You are given the information...Ch. 5 - Critical Thinking You are given the information...Ch. 5 - Critical Thinking For a class activity, your group...Ch. 5 - Salary Raise: Women Does it pay to ask for a...Ch. 5 - Salary Raise: Men According to the same survey...Ch. 5 - General: Thumbtack Drop a thumbtack and observe...Ch. 5 - Survey: Reaction to Poison Ivy Allergic reactions...Ch. 5 - General: Two Dice In a game of craps, you roll two...Ch. 5 - Academic: Passing French Class records at Rockwood...Ch. 5 - Combination: City Council There is money to send...Ch. 5 - Basic Computation Compute....Ch. 5 - Counting: Exam Answers There are five...Ch. 5 - Scheduling: College Courses A student must satisfy...Ch. 5 - General: Combination Lock To open a combination...Ch. 5 - General: Combination Lock You have a combination...
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- The accompanying data shows the fossil fuels production, fossil fuels consumption, and total energy consumption in quadrillions of BTUs of a certain region for the years 1986 to 2015. Complete parts a and b. Year Fossil Fuels Production Fossil Fuels Consumption Total Energy Consumption1949 28.748 29.002 31.9821950 32.563 31.632 34.6161951 35.792 34.008 36.9741952 34.977 33.800 36.7481953 35.349 34.826 37.6641954 33.764 33.877 36.6391955 37.364 37.410 40.2081956 39.771 38.888 41.7541957 40.133 38.926 41.7871958 37.216 38.717 41.6451959 39.045 40.550 43.4661960 39.869 42.137 45.0861961 40.307 42.758 45.7381962 41.732 44.681 47.8261963 44.037 46.509 49.6441964 45.789 48.543 51.8151965 47.235 50.577 54.0151966 50.035 53.514 57.0141967 52.597 55.127 58.9051968 54.306 58.502 62.4151969 56.286…arrow_forwardThe accompanying data shows the fossil fuels production, fossil fuels consumption, and total energy consumption in quadrillions of BTUs of a certain region for the years 1986 to 2015. Complete parts a and b. Develop line charts for each variable and identify the characteristics of the time series (that is, random, stationary, trend, seasonal, or cyclical). What is the line chart for the variable Fossil Fuels Production?arrow_forwardThe accompanying data shows the fossil fuels production, fossil fuels consumption, and total energy consumption in quadrillions of BTUs of a certain region for the years 1986 to 2015. Complete parts a and b. Year Fossil Fuels Production Fossil Fuels Consumption Total Energy Consumption1949 28.748 29.002 31.9821950 32.563 31.632 34.6161951 35.792 34.008 36.9741952 34.977 33.800 36.7481953 35.349 34.826 37.6641954 33.764 33.877 36.6391955 37.364 37.410 40.2081956 39.771 38.888 41.7541957 40.133 38.926 41.7871958 37.216 38.717 41.6451959 39.045 40.550 43.4661960 39.869 42.137 45.0861961 40.307 42.758 45.7381962 41.732 44.681 47.8261963 44.037 46.509 49.6441964 45.789 48.543 51.8151965 47.235 50.577 54.0151966 50.035 53.514 57.0141967 52.597 55.127 58.9051968 54.306 58.502 62.4151969 56.286…arrow_forward
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