Question
In: Statistics and Probability
Please show work The unemployment rates in the United States during A ten year period is...
Please show work
The unemployment rates in the United States during
- A ten year period is given in the following table. Use exponential smoothing to find the best forecast for next year. Use smoothing constants of 0.2, 0.4, 0.6, and 0.8. Which one had the lowest MAD?
|
YEAR |
1 |
2 |
3 |
4 |
5 |
6 |
7 |
8 |
9 |
10 |
|
Unemployment |
7.2 |
7.0 |
6.2 |
5.5 |
5.3 |
5.5 |
6.7 |
7.4 |
6.8 |
6.1 |
|
rate (%) |
Solutions
Expert Solution
Forecasting for exponential smoothing St = alpha * Xt + (1 - alpha) * St-1
Lowest MAD is for 0.8 smoothing constant.
orchestra answered 1 year agoRelated Solutions
Consider the following table containing unemployment rates for a 10-year period. Unemployment Rates Year Unemployment Rate...
Consider the following table containing unemployment rates for a
10-year period.
Unemployment Rates
Year
Unemployment Rate (%)
1
3.5
2
5.2
3
7.8
4
8.1
5
3.7
6
9.6
7
8.7
8
3.5
9
11.1
10
8.8
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The population of the United States has grown at different rates over ten-year increments as shown...
The population of the United States has grown at different rates
over ten-year increments as shown by the following table.
Year
Population of
U.S.
1930
123.1 million
1940
132.1 million
1950
152.3 million
1960
180.7 million
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Please show work The median incomes of females in each state of the United States, including...
Please show work
The median incomes of females in each state of the United
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given in following table ("Median income of," 2013).
$31,862
$40,550
$36,048
$30,752
$41,817
$40,236
$47,476
$40,500
$60,332
$33,823
$35,438
$37,242
$31,238
$39,150
$34,023
$33,745
$33,269
$32,684
$31,844
$34,599
$48,748
$46,185
$36,931
$40,416
$29,548
$33,865
$31,067
$33,424
$35,484
$41,021
$47,155
$32,316
$42,113
$33,459
$32,462
$35,746
$31,274
$36,027
$37,089
$22,117
$41,412
$31,330
$31,329
$33,184
$35,301
$32,843
$38,177
$40,969...
Please show your work 9.3.1 The income of males in each state of the United States,...
Please show your work
9.3.1
The income of males in each state of the United States,
including the District of Columbia and Puerto Rico, are given in
table #9.3.3, and the income of females is given in table #9.3.4
("Median income of," 2013). Is there enough evidence to show that
the mean income of males is more than of females? Test at the 1%
level.
Table #9.3.3: Data of Income
for Males
$42,951
$52,379
$42,544
$37,488
$49,281
$50,987
$60,705
$50,411...
Please show the work During a year of operation, a firm collects $175,000 in revenue and...
Please show the work
During a year of operation, a firm collects $175,000 in revenue
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of return.
The explicit costs of the firm are $_______. The implicit costs
are
$ _______________.
Total economic cost is $_____________.
The firm earns economic profit of
$___________________________.
The firm’s accounting profit...
Suppose the unemployment rate in the United States is 10% and the structural unemployment rate is...
Suppose the unemployment rate in the United States is 10% and
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3a. Calculate the natural unemployment rate and the cyclical
unemployment rate for the United States. Also, please calculate the
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Suppose the unemployment rate in the United States is 10% and the structural unemployment rate is...
Suppose the unemployment rate in the United States is 10% and
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unemployment rate is 5%. The actual Real GDP level is $ 30 billion
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3a. Calculate the natural unemployment rate for the United
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In the country of United States of Heightlandia, the height measurements of ten-year-old children are approximately...
In the country of United States of Heightlandia, the
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What is the probability that a randomly chosen child has a
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ROUND ANSWER TO 3 DECIMAL PLACES.
What is the probability that a randomly chosen child has a
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ROUND ANSWER TO 3 DECIMAL PLACES
3. Interpret your results...
In the country of United States of Heightlandia, the height measurements of ten-year-old children are approximately...
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A) What is the probability that a randomly chosen child has a
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measurements of ten-year-old children are approximately normally
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