Use the data below to answer this questions.
Period
Employment
Jan-01
1,879.50
Feb-01
1,901.00
Mar-01
1,925.30...
Use the data below to answer this questions.
Period
Employment
Jan-01
1,879.50
Feb-01
1,901.00
Mar-01
1,925.30
Apr-01
1,914.60
May-01
1,961.50
Jun-01
1,960.60
Jul-01
1,953.40
Aug-01
1,940.20
Sep-01
1,928.00
Oct-01
1,909.20
Nov-01
1,896.40
Dec-01
1,881.40
Jan-02
1,880.20
Feb-02
1,884.00
Mar-02
1,902.60
Apr-02
1,913.40
May-02
1,937.40
Jun-02
1,990.90
Jul-02
1,994.80
Aug-02
2,013.10
Sep-02
2,002.30
Oct-02
1,982.50
Nov-02
1,969.00
Dec-02
1,959.20
Jan-03
1,928.20
Feb-03
1,952.40
Mar-03
1,980.40
Apr-03
1,972.00
May-03
1,987.80
Jun-03
2,018.70
Jul-03
2,027.80
Aug-03
2,030.20
Sep-03
2,012.20
Oct-03
2,032.30
Nov-03
2,008.30...
Use the data below to answer this questions.
a.) Generate a scatter of the data
b....
Use the data below to answer this questions.
a.) Generate a scatter of the data
b. ) Report the monthly averages (January for all years,
February for all years etc.)
c.) Is there seasonality? Is there a trend?
d.) How can you forecast the value for March 2020? Generate that
forecast.
e.) (Not technical) This forecast will for sure be wrong.
Why?
Reference period
Employment 3
Persons
Jan-01
1,879.50
Feb-01
1,901.00
Mar-01
1,925.30
Apr-01
1,914.60
May-01
1,961.50
Jun-01
1,960.60
Jul-01...
A local bookstore recorded their revenue (in thousands) for the
last 36 months starting in September,...
A local bookstore recorded their revenue (in thousands) for the
last 36 months starting in September, as provided below.
a. find the deseasonalized line of best fit
b. use the additive model of seasonal forecasting to predict the
revenue for each month of the next academic year
c. use the multiplicative model of seasonal forecasting to
predict the revenue for each month of the next academic year
d. what is the predicted total profit for the academic year for
each...
1)
Calculate a three period moving average forecast for the months
of July, August, and September...
1)
Calculate a three period moving average forecast for the months
of July, August, and September 2011. Using the observed data and
your forecasted values, calculate the MAPE for this forecasting
method over those three months. Select the correct answer from the
list given.
0.8%
2.6%
5.7%
7.9%
9.3%
27.9%
2)
Given this data, what forecasting method would be best to use to
forecast the unemployment rate in January 2012?
Weighted moving average
Three-period moving average
Five-period moving average
Simple...