he level of sales in May, June, July, and August were 84, 92, 83, and 89, respectively. What is the fourperiod moving average forecast of sales in September?
If the t ratio for the slope of a simple linear regression equation is equal to 1.614 and the critical values of the t distribution at the 1 % and 5 % levels of significance, respectively, are 3.499 and 2.365, then the slope is
Which of the following is a leading economic indicator?
Economies of scope refers to the decrease in average total cost that can occur when a firm
The forecast level of sales for the month of May was 240 units. Actual sales in May turned out to be 200 units. Use an exponential smoothing coefficient of 0.8 to forecast sales for June
Application of simple linear regression analysis to the estimation of a demand equation has yielded the following: Q = 24 2 P If the current product price is P =$ 6 and the quantity sold per time period is Q = 10, then the error( e) for the current time period is equal to( actual quantity sold estimated quantity sold)
One difference between foreign and domestic demand for a commodity exported by the U. S. is that
Monica quit her $ 50,000 per year job, purchased a building that was previously rented by the operator of a candy store for $ 1,500 per month, and used the space to breed and sell tropical fish. In her first year she made a business profit of $ 60,000. What was her economic profit?
As the economy emerged from the most recent recession, household income rose by 6 %. Over the same period, total expenditures on beef increased by 3 %. Assuming that all other economic variables were held constant,
Which of the following would be referred to as " outsourcing "?