EBK UNDERSTANDING BASIC STATISTICS
7th Edition
ISBN: 8220100547560
Author: BRASE
Publisher: CENGAGE L
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Chapter 7.3, Problem 8P
Basic Computation: Find
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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 7 Solutions
EBK UNDERSTANDING BASIC STATISTICS
Ch. 7.1 - Statistical Literacy Which, if any, of the curves...Ch. 7.1 - Statistical Literacy Look at the normal curve in...Ch. 7.1 - Critical Thinking Look at the two normal curves in...Ch. 7.1 - Critical Thinking Sketch a normal curve (a) with...Ch. 7.1 - Basic Computation: Empirical Rule What percentage...Ch. 7.1 - Basic Computation: Empirical Rule What percentage...Ch. 7.1 - Distribution: Heights of Coeds Assuming that the...Ch. 7.1 - Distribution: Rhode Island Red Chicks The...Ch. 7.1 - Archaeology: Tree Rings At Burnt Mesa Pueblo,...Ch. 7.1 - Vending Machine: Soft Drinks A vending machine...
Ch. 7.1 - Pain Management: Laser Therapy Effect of...Ch. 7.1 - Expand Your knowledge: Continuous Uniform...Ch. 7.1 - Unifrom Distribution: Measurement Errors...Ch. 7.2 - Statistical Literacy What does a standard score...Ch. 7.2 - Statistical Literacy Does a raw score less than...Ch. 7.2 - Statistical Literacy What is the value of the...Ch. 7.2 - Statistical Literacy What are the values of the...Ch. 7.2 - Basic Computation: z Score and Raw Score A normal...Ch. 7.2 - Basic Computation: z Score and Raw Score A normal...Ch. 7.2 - Critical Thinking Consider the following scores:...Ch. 7.2 - Critical Thinking Raul received a score of 80 on a...Ch. 7.2 - z Scores: First Aid Course The college physical...Ch. 7.2 - z Scores: Fawns Fawns between 1 and 5 months old...Ch. 7.2 - Prob. 11PCh. 7.2 - Normal Curve: Tree Rings Tree-ring dates were used...Ch. 7.2 - Basic Computation: Finding Areas Under the...Ch. 7.2 - Basic Computation: Finding Areas Under the...Ch. 7.2 - Basic Computation: Finding Areas Under the...Ch. 7.2 - 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Statistical Literacy Suppose 5% of the area under...Ch. 7.3 - Critical Thinking: Normality Consider the...Ch. 7.3 - Basic Computation: Find Probabilities In Problems...Ch. 7.3 - Basic Computation: Find Probabilities In Problems...Ch. 7.3 - Basic Computation: Find Probabilities In Problems...Ch. 7.3 - Basic Computation: Find Probabilities In Problems...Ch. 7.3 - Basic Computation: Find Probabilities In Problems...Ch. 7.3 - Basic Computation: Find Probabilities In Problems...Ch. 7.3 - Basic Computation: Find Probabilities In Problems...Ch. 7.3 - Basic Computation: Find Probabilities In Problems...Ch. 7.3 - Basic Computation: Find Probabilities In Problems...Ch. 7.3 - Basic Computation: Find Probabilities In Problems...Ch. 7.3 - Basic Computation: Find zValues In Problems 15-24,...Ch. 7.3 - Basic Computation: Find zValues In Problems 15-24,...Ch. 7.3 - Basic Computation: Find zValues In Problems 15-24,...Ch. 7.3 - Basic Computation: Find zValues In Problems 15-24,...Ch. 7.3 - Basic Computation: Find zValues In Problems 15-24,...Ch. 7.3 - Basic Computation: Find zValues In Problems 15-24,...Ch. 7.3 - Basic Computation: Find zValues In Problems 15-24,...Ch. 7.3 - Basic Computation: Find zValues In Problems 15-24,...Ch. 7.3 - Basic Computation: Find zValues In Problems 15-24,...Ch. 7.3 - Basic Computation: Find zValues In Problems 15-24,...Ch. 7.3 - Medical: Blood Glucose A person's blood glucose...Ch. 7.3 - Medical: Blood Protoplasm Porphyrin is a pigment...Ch. 7.3 - 27 Archaeology: Hopi Village Thickness...Ch. 7.3 - Law Enforcement: Police Response Time Police...Ch. 7.3 - Guarantee: Batteries Quick Start Company makes...Ch. 7.3 - Guarantee: Watches Accrotime is a manufacturer of...Ch. 7.3 - Expand Your Knowledge: Estimating the Standard...Ch. 7.3 - Estimating the Standard Deviation: Refrigerator...Ch. 7.3 - Estimating the Standard Deviation: Veterinary...Ch. 7.3 - Estimating the Standard Deviation: Veterinary...Ch. 7.3 - Insurance: Satellites A relay microchip in a...Ch. 7.4 - Statistical Literacy What is a population? Give...Ch. 7.4 - Statistical Literac y What is a random sample from...Ch. 7.4 - Statistical Literacy What is a population...Ch. 7.4 - Statistical Literacy What is a sample statistic?...Ch. 7.4 - Statistical Literacy What is the meaning of the...Ch. 7.4 - Statistical Literacy What is a sampling...Ch. 7.4 - Critical Thinking How do frequency tables,...Ch. 7.4 - Critical Thinking How can relative frequencies be...Ch. 7.4 - Critical Thinking Give an example of a specific...Ch. 7.5 - Statistical Literacy What is the standard error of...Ch. 7.5 - Statistical Literacy What is the standard...Ch. 7.5 - Statistical Literacy List two unbiased estimators...Ch. 7.5 - Statistical Literacy Describe how the variability...Ch. 7.5 - Basic Computation: Central Limit Theorem Suppose x...Ch. 7.5 - Basic Computation: Central Limit Theorem Suppose x...Ch. 7.5 - Prob. 7PCh. 7.5 - Critical Thinking Suppose x has a distribution...Ch. 7.5 - Critical Thinking Consider two x distributions...Ch. 7.5 - Critical Thinking Consider an x distribution with...Ch. 7.5 - Critical Thinking Suppose x has a distribution...Ch. 7.5 - Critical Thinking Suppose an x distribution has...Ch. 7.5 - Coal: Automatic Loader Coal is carried from a mine...Ch. 7.5 - Vital Statistics: Heights of Men The heights of...Ch. 7.5 - Medical: Blood Glucose Let x be a random variable...Ch. 7.5 - Medical: White Blood Cells Let x be a random...Ch. 7.5 - Wildlife: Deer Let x be a random variable that...Ch. 7.5 - Focus Problem: Impulse Buying Let x represent the...Ch. 7.5 - Finance: Templeton Funds Templeton world is a...Ch. 7.5 - Finance: European Growth Fund A European growth...Ch. 7.6 - Statistical Literacy Binomial probability...Ch. 7.6 - Statistical Literacy When we use a normal...Ch. 7.6 - Basic Computation: Normal Approximation to a...Ch. 7.6 - Basic Computation: Normal Approximation to a...Ch. 7.6 - Critical Thinking You need to compute the...Ch. 7.6 - Critical Thinking Consider a binomial experiment...Ch. 7.6 - In the following problems, check that it is...Ch. 7.6 - Insurance: Claims Do you try to pad an insurance...Ch. 7.6 - Longevity: 90th Birthday It is estimated that 3.5%...Ch. 7.6 - Fishing: Billfish Ocean fishing for billfish is...Ch. 7.6 - Grocery Stores: New ProductsThe Denver Post slated...Ch. 7.6 - Crime: Murder What are the chances that a person...Ch. 7.6 - Supermarkets: Free Samples Do you take the free...Ch. 7.6 - Ice Cream: Flavors Whats your favorite ice cream...Ch. 7.6 - Airline Flights: No-Shows Based on long...Ch. 7.6 - 16. 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Recycling: Aluminum Cans One environmental...Ch. 7 - Prob. 18CRCh. 7 - Guarantee: Package Delivery Express Courier...Ch. 7 - Drugs: Effects A new muscle relaxant is available....Ch. 7 - Psychology: IQ Scores Assume that IQ scores are...Ch. 7 - Hatchery Fish: Length A large tank of fish from a...Ch. 7 - Basic Computation: p Distribution Suppose we have...Ch. 7 - Green Behavior: Purchasing Habits A recent Harris...Ch. 7 - Iris setosa is a beautiful wildflower that is...Ch. 7 - If you look up the word empirical in a dictionary,...Ch. 7 - Why are standard z values so important? Is it true...Ch. 7 - Most people would agree that increased information...Ch. 7 - In a way, the central limit theorem can be thought...
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