This data shows the series of quarterly shipments in millions of US dollars of US hosehold appliances between 1985 and 1989.
| Quarter | Shipments |
| Q1-1985 | 4009 |
| Q1-1986 | 4123 |
| Q1-1987 | 4493 |
| Q1-1988 | 4595 |
| Q1-1989 | 4245 |
| Q2-1985 | 4321 |
| Q2-1986 | 4522 |
| Q2-1987 | 4806 |
| Q2-1988 | 4799 |
| Q2-1989 | 4900 |
| Q3-1985 | 4224 |
| Q3-1986 | 4657 |
| Q3-1987 | 4551 |
| Q3-1988 | 4417 |
| Q3-1989 | 4585 |
| Q4-1985 | 3944 |
| Q4-1986 | 4030 |
| Q4-1987 | 4485 |
| Q4-1988 | 4258 |
| Q4-1989 | 4533 |
(a) which of the following methods would be suitable for forecasting this series if applied to raw data?
-naive forecasts
-moving average
-simple exponential smoothing
-double exponential smoothing
-holt-winters exponential smoothing
(b) apply a moving average with window span w=4 to the data. Use all but the last year as the training period. Create a time ploy of the moving average series.
- What does the MA (4) chart reveal?
- Use the MA (4) model to forecast appliance sales in Q1-1990
- Use the MA (4) model to forecast appliance sales in Q1-1991
- is the Q1-1990 forecast most likely to underestimate, overestimate, or accurately estimate the actual sales on Q1-1990? Explain?
- Managment Feels most comfortable with moving averages. the analyst therefore plans to use this method for forecasting future quaters. what else should be considered before using the MA(4) to forecast future quarterly shipments of household appliances.
(c) we now focus on forcasting beyond 1989. in the following continue to use all but the last year as the training period and the last four quarters as the validation period. apply holt winters exponential smoothing to the training period.
- compute MAPE values for the training and validation periods using holt winters exponential smoothing.
- Draw two time plots: one for the actual forecasted values and theo ther for the residuals. the x-acis should include the training and validation periods. comment on the model fit in the training and validation periods.
- if we optimize the smoothing constants in the holt winters method are the optimal values likely to be close to zero? why or why not?
In: Statistics and Probability
describe to us what big data is and share with us an example? What are some ethical considerations in how the data was gathered and how it might be used for research or other purposes? What about big data makes these considerations similar or different to data obtained through traditional real-world experimental methods?
In: Statistics and Probability
What is Gross Profit communicating to us? What is Gross Margin communicating to us?
In: Accounting
Use IS- LM model to analyze the US recession in 2001 :
+ What US followed to remedy the recession
+ Use IS- LM model to analyze the effects of the remedies
In: Economics
The world would be simpler if the US Tax Code and US GAAP were the same, and thus two sets of books would not be needed. Discuss the reasons they are not and whether or not you think it necessary for the present system to remain as it is
In: Accounting
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In: Math
today the US dollar is the principal reserve currency. what is the proportion of US treasury notes that are held by foreign governments? list the top ten countries holding US dollars treasuries along with the amount and relative percentage?
In: Economics
You have conducted your economic analysis of the US markets and determined that the US is likely to be in a contractionary phase. Which of the following stock types should you be most likely to overweight in your portfolio?
Group of answer choices
A. cyclical stocks
B. growth stocks
C. technology stocks
D. defensive stocks
In: Finance
Perform research in the University library using at least 8–10 relevant peer-reviewed academic or professional journal articles that were published within the past 5 years, and complete the following to prepare your report: On Patient Abuse
You writing about patient abuse and answering the following that is required toward patient care and abuse
In: Nursing
[The following information applies to the questions
displayed below.]
The adjusted trial balance for Chiara Company as of December 31,
2017, follows.
| Debit | Credit | |||||
| Cash | $ | 176,900 | ||||
| Accounts receivable | 51,000 | |||||
| Interest receivable | 22,600 | |||||
| Notes receivable (due in 90 days) | 172,000 | |||||
| Office supplies | 16,000 | |||||
| Automobiles | 172,000 | |||||
| Accumulated depreciation—Automobiles | $ | 95,000 | ||||
| Equipment | 136,000 | |||||
| Accumulated depreciation—Equipment | 21,000 | |||||
| Land | 78,000 | |||||
| Accounts payable | 92,000 | |||||
| Interest payable | 20,000 | |||||
| Salaries payable | 17,000 | |||||
| Unearned fees | 40,000 | |||||
| Long-term notes payable | 156,000 | |||||
| Common stock | 29,580 | |||||
| Retained earnings | 266,220 | |||||
| Dividends | 45,000 | |||||
| Fees earned | 544,000 | |||||
| Interest earned | 26,000 | |||||
| Depreciation expense—Automobiles | 26,500 | |||||
| Depreciation expense—Equipment | 22,000 | |||||
| Salaries expense | 189,000 | |||||
| Wages expense | 44,000 | |||||
| Interest expense | 34,800 | |||||
| Office supplies expense | 34,000 | |||||
| Advertising expense | 62,000 | |||||
| Repairs expense—Automobiles | 25,000 | |||||
| Totals | $ | 1,306,800 | $ | 1,306,800 | ||
Required:
1(a) Prepare the income statement for the year ended
December 31, 2017.
1(b) Prepare the statement of retained earnings
for the year ended December 31, 2017.
1(c) Prepare Chiara Company's balance sheet as of
December 31, 2017.
Prepare the income statement for the year ended December 31, 2017.
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Prepare the statement of retained earnings for the year ended December 31, 2017.
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Prepare Chiara Company's balance sheet as of December 31, 2017.
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In: Accounting