Question
In: Economics
Daily high temperatures in St. Louis for the last week were as follows: 93, 94, 93,...
Daily high temperatures in St. Louis for the last week were as follows: 93, 94, 93, 95, 96, 88, and 90 (yesterday).
a) Forecast the high temperature today, using a 3-day moving average.
b) Forecast the high temperature today, using a 2-day moving average.
c) Calculate the mean absolute deviation based on a 2-day moving average, covering all days in which you can have a forecast and an actual temperature.
Solutions
Rahul Sunny answered 2 years agoRelated Solutions
Daily high temperatures in St. Louis for the last week were as follows: 92, 94, 93,...
Daily high temperatures in St. Louis for the last week were as
follows: 92, 94, 93, 95, 95, 86, 95 (yesterday).
a) The high temperature for today using a 3-day moving average
= 92
degrees (round your response to one decimal place).
b) The high temperature for today using a 2-day moving average
= 90.5
degrees (round your response to one decimal place).
c) The mean absolute deviation based on a 2-day moving
average = 3.3
degrees (round your response...
Daily high temperatures in St. Louis for the last week were as follows: 92 94, 93...
Daily high temperatures in St. Louis for the last week were as
follows:
92
94,
93
95
97
90
93
(yesterday).
a) The high temperature for today using a 3-day moving average
=
degrees (round your response to one decimal place).
b) The high temperature for today using a 2-day moving average
=
degrees (round your response to one decimal place).
c) The mean absolute deviation based on a 2-day moving
average =
nothing
degrees (round your response to one...
Daily high temperatures in St. Louis for the last week were as follows: 9595, 9191, 9393,...
Daily high temperatures in St. Louis for the last week were as
follows:
9595,
9191,
9393,
9494,
9595,
8686,
9090
(yesterday).
a) The high temperature for today using a 3-day moving average
=
degrees (round your response to one decimal place).
b) The high temperature for today using a 2-day moving average
=
degrees (round your response to one decimal place).
c) The mean absolute deviation based on a 2-day moving
average =
degrees (round your response to one decimal...
Daily high temperatures in St. Louis for the last week were as follows: 9292, 9494, 9393,...
Daily high temperatures in St. Louis for the last week were as
follows:
9292,
9494,
9393,
9595,
9797,
9090,
9393
(yesterday).
a) The high temperature for today using a 3-day moving average
=
93.3393.33
degrees (round your response to one decimal place).
b) The high temperature for today using a 2-day moving average
=
91.591.5
degrees (round your response to one decimal place).
c) The mean absolute deviation based on a 2-day moving
average =
nothing
degrees (round your response...
Daily high temperatures in degrees Fahrenheit in the city of Lubbock for the last week havebeen...
Daily high temperatures in degrees Fahrenheit in the city of
Lubbock for the last week havebeen as follows: 93, 94, 93, 95, 96,
88, 90. Using Excel’s Data Analysis add-in,
a. Forecast the high temperature today, using a 3-day moving
average.
b. Forecast the high temperature today, using a 2-day moving
average.
c. Forecast the high temperature today, using weighted moving
average with weights 0.5, 0.3 and 0.2 for the most recent, second
most recent, and third most recent periods,...
Write a program that uses an array of high temperatures for your hometown from last week...
Write a program that uses an array of high temperatures for your
hometown from last week (Sunday – Saturday). Write methods to
calculate and return the lowest high temperature (minimum) and a
method to calculate and return the highest high temperature
(maximum) in the array. You must write YOUR ORIGINAL methods for
minimum and maximum. You MAY NOT use Math class methods or other
library methods.
Write an additional method that accepts the array as a parameter
and then creates...
Write a program that uses an array of high temperatures for your hometown from last week...
Write a program that uses an array of high temperatures for your
hometown from last week (Sunday – Saturday). Write methods to
calculate and return the lowest high temperature (minimum) and a
method to calculate and return the highest high temperature
(maximum) in the array. You must write YOUR ORIGINAL methods for
minimum and maximum. You MAY NOT use Math class methods or other
library methods.
Write an additional method that accepts the array as a parameter
and then creates...
High daily temperatures and coffee sales (in hundreds of dollars) were recorded at a local Starbucks...
High daily temperatures and coffee sales (in hundreds of
dollars) were recorded at a local Starbucks for eight randomly
selected days. Results are listed in the table below. Is here a
correlation between temperature and coffee sales? Use α=.05. What
is the best predicted sales total for a day with a high temperature
of 60° F?
x(° F) 32 39 51 60 65 72 78 81
y(hundreds of dollars) 26.2 24.8 19.7 20.0 13.3 13.9 11.4 11.2
r:
critical value:...
High daily temperatures and times (in minutes) were given for women who won the New York...
High daily temperatures and times (in minutes) were given for
women who won the New York City marathon in recent years. Results
are listed in the table below. Is here a correlation between
temperature and winning time? Use α=.05. What is the best predicted
finishing time for a day with a high temperature of 70° F?
x(° F) 55 61 49 62 70 73 51 57
y(minutes) 145.3 148.7 148.3 148.1 147.6 146.4 144.7 147.5
r:
critical value:
Significant linear...
Leadership Development: Cases For Analysis Week One: Alvis Corporation - Chapter 3, Page 93 & 94
Leadership Development: Cases For Analysis Week One: Alvis
Corporation - Chapter 3, Page 93 & 94
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