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The level of sales in May, June, July, and August were 84,
92, 83, and 89, respectively. What is the four-period 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