The following table reports the Consumer Pirce Index for the Los Angeles area on a monthly basis from January 1998 to December 2000 (base year=1982-1984). Eliminating the data for 2000, use Excel to forecast the index for all of 2000 using a three-and -six month average. Which provides a better forecast for 2000 using the data provided?
| Salvatore Chapter 6 Appendix Problem 3 (p.261) | |||||
| Time | CPI | forecast(w=0.3) | (A-F)^2 | forecast(w=0.7) | (A-F)^2 |
| Jan-98 | 161.0 | 166.63 | 166.63 | ||
| Feb-98 | 161.1 | 164.94 | |||
| Mar-98 | 161.4 | 163.79 | |||
| Apr-98 | 161.8 | 163.07 | |||
| May-98 | 162.3 | 162.69 | |||
| Jun-98 | 162.2 | 162.57 | |||
| Jul-98 | 162.1 | 162.46 | |||
| Aug-98 | 162.6 | 162.35 | |||
| Sep-98 | 162.6 | 162.43 | |||
| Oct-98 | 163.2 | 162.48 | |||
| Nov-98 | 163.4 | 162.70 | |||
| Dec-98 | 163.5 | 162.91 | |||
| Jan-99 | 164.2 | 163.08 | |||
| Feb-99 | 164.6 | 163.42 | |||
| Mar-99 | 165.0 | 163.77 | |||
| Apr-99 | 166.6 | 164.14 | |||
| May-99 | 166.2 | 164.88 | |||
| Jun-99 | 165.4 | 165.28 | |||
| Jul-99 | 165.8 | 165.31 | |||
| Aug-99 | 166.3 | 165.46 | |||
| Sep-99 | 167.2 | 165.71 | |||
| Oct-99 | 167.2 | 166.16 | |||
| Nov-99 | 167.1 | 166.47 | |||
| Dec-99 | 167.3 | 166.66 | |||
| Jan-00 | 167.9 | 166.85 | 1.10 | ||
| Feb-00 | 169.3 | 167.17 | 4.55 | ||
| Mar-00 | 170.7 | 167.81 | 8.37 | ||
| Apr-00 | 170.6 | 168.67 | 3.71 | ||
| May-00 | 171.1 | 169.25 | 3.41 | ||
| Jun-00 | 171.0 | 169.81 | 1.42 | ||
| Jul-00 | 171.7 | 170.16 | 2.36 | ||
| Aug-00 | 172.2 | 170.63 | 2.48 | ||
| Sep-00 | 173.3 | 171.10 | 4.85 | ||
| Oct-00 | 173.8 | 171.76 | 4.17 | ||
| Nov-00 | 173.5 | 172.37 | 1.28 | ||
| Dec-00 | 173.5 | 172.71 | 0.62 | ||
In: Economics
An electrochemical cell is composed of pure copper and pure lead electrodes immersed in solutions of their respective divalent ions. For a 0.7 M concentration of Cu2+, the lead electrode is oxidized yielding a cell potential of 0.520 V. Calculate the concentration of Pb2+ ions if the temperature is 25˚C. The standard potentials for Cu and Pb are +0.340 V and -0.126 V.
Please show your work!
In: Chemistry
A production manager at a wall clock company wants to test their new wall clocks. The designer claims they have a mean life of 16 years with a variance of 16. If the claim is true, in a sample of 48 wall clocks, what is the probability that the mean clock life would differ from the population mean by greater than 0.7 years? Round your answer to four decimal places.
In: Statistics and Probability
The pharmacokinetics of a new drug was studied in a healthy volunteer. It was known that the drug followed a first-order, one compartment model kinetics, had a t1/2 of 1 hr, and a CLt of 0.7 L/hr. The drug was administered by intravenous infusion for 8 hrs at a rate of 1.4 mg/hr. Calculate the plasma [drug] (in mg/L) two hours after the start of the infusion.
In: Other
In: Nursing
A particle of mass 0.000117 g and charge 15 mC moves in a region of space where the electric field is uniform and is 4.5 N/C in the x direction and zero in the y and z direction. If the initial velocity of the particle is given by vy = 3.6 × 10^5 m/s, vx = vz = 0, what is the speed of the particle at 0.7 s? Answer in units of m/s.
In: Physics
In the CAPM world, two securities, A and B, are priced efficiently, i.e., they fall on the SML. The expected return of A is 20%, and its beta is 1.6. The expected return of B is 11%, and its beta is 0.7. The expected return of the market portfolio is ___and the risk free rate is ___.
| A. |
15% and 6% |
|
| B. |
15% and 5% |
|
| C. |
14% and 4% |
|
| D. |
16% and 6% |
|
| E. |
18% and 6% |
In: Finance
The possible outcomes for the returns on Stock X and the returns on the market portfolio have been estimated as follows:
|
Scenario |
Stock X |
Market portfolio |
|
1 |
-3% |
6% |
|
2 |
14% |
12% |
|
3 |
22% |
18% |
Calculate the market beta for Stock X. Round your answer to the nearest tenth.
|
A) 2.1 |
||
|
B) 0.7 |
||
|
C) 1.0 |
||
|
D) none of the above |
In: Finance
Let X denote a random variable that follows a binomial distribution with parameters n=5, p=0.3, and Y denote a random variable that has a Poisson distribution with parameter λ = 6. Additionally, assume that X and Y are independent random variables.
(a) What are the possible values for (X, Y ) pairs.
(b) Derive the joint probability distribution function for X and Y. Make sure to explain your steps.
(c) Using the joint pdf function of X and Y, form the summation /integration (whichever is relevant) that gives the expected value for X4 + Y + 7.
(d) Using the joint pdf function of X and Y, set up the summation /integration (whichever is relevant) that gives the expected value for X, and COMPUTE its value.
In: Statistics and Probability
Direct materials: 0.3 metres @ $15 = $4.50
Direct labour: 0.5 hour @ $20 = $10
The following actual results were recorded for the period:
Direct materials: 3500 metres purchased and used; total cost $53,900
Direct labour: 5000 hours; total labour cost $105,000
Production = 12,000 units
Compute the materials price and usage variances, and the labour rate and
efficiency variances, for your company.
In: Accounting