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15. What would be the coefficient of determination R 2 if the total sum of squares (SST) is 90 and the sum of squares due
15. What would be the coefficient of determination R2 if the total sum of squares (SST) is 90 and the sum of squares due to error (SSE) is 0 (zero)?
a. | 1 | |
b. | 0.94 | |
c. | 0.78 | |
d. | 0.05 |
18. The past demand data shown below can be regarded as stationary.
Month | Demand |
January | 50 |
February | 55 |
March | 62 |
April | 45 |
What is the forecast for May found by the three-month moving average method?
a. | 54 | |
b. | 61 | |
c. | 44 | |
d. | 48 |
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