Question
Hi, would you be able to help me please? Question: The following time series shows the sales of a clothing store over a 10-week period.
Hi, would you be able to help me please?
Question:
The following time series shows the sales of a clothing store over a 10-week period.
Sales
Week ($1,000s)
1 15
2 16
3 19
4 18
5 19
6 20
7 19
8 22
9 15
10 21
a. Compute a 4-week moving average for the above time series.
b. Compute the mean square error (MSE) for the 4-week moving average forecast.
c. Use a = 0.3 to compute the exponential smoothing values for the time series.
d. Forecast sales for week 11.
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Fifteen people were asked to indicate their preference for domestic versus imported cars. The following data showed their preferences.
Individual Domestic vs. Imported
1 +
2 +
3 -
4 +
5 +
6 +
7 -
8 +
9 +
10 +
11 +
12 +
13 +
14 +
15 -
With a = 0.05, test for a significant difference in the preferences for cars. A "+" indicates a preference for imported cars.
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