Question
In: Math
The values of Alabama building contracts (in $ millions) for a 12‐month period follow: (19 marks...
The values of Alabama building contracts (in $ millions) for a
12‐month period follow: (19 marks total)
240 350 230 260 280 320 220 310 240 310 240 230
a. Construct a time series plot. What type of pattern exists in the
data?
b. Compare the three‐month moving average approach with the
exponential smoothing forecast using α=0.4. Which
approach provides more accurate forecasts based on MSE?
c. What is the forecast for the next month?
d. Explain how you would find the optimum level of α for this data.
Please answer this question at α=0.4. I have
submission deadline of 3 hrs. Also if possible please post the
solution typed.
Solutions
milcah answered 1 year agoRelated Solutions
The values of Alabama building contracts (in $ millions) for a 12 -month period follow. 240...
The values of Alabama building contracts (in $ millions) for a
12 -month period follow.
240 360 240 270 280 310 220 320 240 320 240 240
b. Compare the three-month moving average
approach with the exponential smoothing forecast using
a = .2 (to 2 decimals).
MSE (3-Month)
______
MSE (a = .2)
______
Which provides more accurate forecasts based on MSE?
3- month moving average or exponential
smoothing approach a = .2
Using only the errors for months 4...
The values of Alabama building contracts (in millions of dollars) for a 12-month period follow: 240...
The values of Alabama building contracts (in millions of dollars) for a 12-month period follow:
240 350 230 260 280 320 220 310 240 310 240 230
a. Construct a time series plot. What type of pattern exists in the data?
b. Compare a three-month moving average forecast with an exponential smoothing forecast. Use alpha =0.2 Which provides the better forecasts based on MSE?
c. What is the forecast for the next month?
The values of Alabama building contracts (in millions of dollars) for a 12-month period follow. 250 340 230 250 280 310 210 320 250 300 240 
The values of Alabama building contracts (in millions of
dollars) for a 12-month period follow.
250 340 230 250 280 310 210 320 250 300 240 230
Choose the correct time series plot.
(i)
Value (Millions of dollars)
Month (t)
(ii)
Value (Millions of dollars)
Month (t)
(iii)
Value (Millions of dollars)
Month (t)
(iv)
Value (Millions of dollars)
Month (t)
Plot (i)
Plot (ii)
Plot (iii)
Plot (iv)
What type of pattern exists in the data?
Horizontal Pattern
Trend Pattern
Compare a three-month moving average forecast with an
exponential smoothing...
Using the values below, answer the questions that follow: Amount of annuity Interest rate Deposit period...
Using the values below, answer the questions that follow:
Amount of annuity
Interest rate
Deposit period (years)
$500
9%
10
Calculate the future value of the annuity, assuming that it is
An ordinary annuity.
An annuity due.
Compare your findings in parts a(1) and
a(2). All else being identical, which type of
annuity—ordinary or annuity due—is preferable as an investment?
Explain why.
Scotty Pty Ltd provides a 12-month warranty on building work performed by the entity. On...
Scotty Pty Ltd provides a 12-month warranty on building work
performed by the entity.
On 1 January 2016, there was a credit balance of 82,200 in its
warranty provision account.
During the year ended 31 December 2016, Scotty Pty Ltd
incurred 86,700 servicing warranty claims.
All of the warranty costs were in the form of labour
costs.
During the year ended 31 December 2016, Scotty Pty Ltd’s
revenue from building contracts was 6,820,000.
Warranty liabilities are estimated as 1%...
The following attachment contains the values of two different financial stocks during a one month period....
The following attachment contains the values of two different
financial stocks during a one month period. If a linear regression
model is used to predict the SAMSUNG stock prices, what is the
predicted SAMSUNG value to the nearest dollar when the ATT stock is
$42 ?
Date
ATT
SAMSUNG
2/22/2017
41.59
1897.31
2/23/2017
41.95
1901.78
2/24/2017
42.36
1872.29
2/27/2017
41.82
1894.63
2/28/2017
41.79
1869.6
3/1/2017
42.04
1849.94
3/2/2017
42.07
1848.16
3/3/2017
42
1814.2
3/6/2017
41.95
1795.43
3/7/2017
41.88
1796.32
3/8/2017...
For the 12 month period February 2018 through January 2019, the number of degree days that...
For the 12 month period February 2018 through January 2019, the
number of degree days that accrued for the Amherst, MA area was
5903. Many houses in New England heat with oil. Suppose a
reasonable-size house required a total of 1400 gallons of oil for
that recent entire 12- month period. Suppose also that heating oil
is priced at $2.90 per gallon.
A. What was the total cost to purchase the oil to heat the house
for the entire year?...
ABC Company Income Statement For the 12 month period ended 12/31/2016 Net Sales Cost of Sales...
ABC Company Income Statement
For the 12 month period ended 12/31/2016
Net Sales
Cost of Sales
$ 450,000
Gross Profit
$ 500,000
Operating Expenses:
Depreciation
$ 75,000
Amortization
$ 25,000
Other Operating Expenses
Total Operating Expenses
$ 400,000
Income From Operations
Interest Expense
Net Income Before Taxes
$ 80,000
Taxes- 30%
Net Income
EBITDA
The risk of females experiencing an anxiety disorder during a given 12-month period is approximately 1...
The risk of females experiencing an anxiety disorder during a
given 12-month period is approximately 1 in 5. Suppose a researcher
plans to take a random sample of females and monitor their anxiety
over 12 months.
If 20 females are randomly sampled, what is the probability that
exactly 10 will experience an anxiety disorder during this 12-month
period? (Round answer to 3 decimal places)
If 20 females are randomly sampled, what is the probability that
exactly 5 will experience an...
The risk of females experiencing an anxiety disorder during a given 12-month period is approximately 1...
The risk of females experiencing an anxiety disorder during a
given 12-month period is approximately 1 in 5. Suppose a researcher
plans to take a random sample of females and monitor their anxiety
over 12 months.
If 10 females are randomly sampled, what is the probability that
5 or more will experience an anxiety disorder? (Round answer to 3
decimal places)
If 20 females are randomly sampled, what is the probability that
2 or more will experience an anxiety disorder?...
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