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Author Question: The following data represent the number of refrigerators sold for each of the past five months for ... (Read 52 times)

Mr. Wonderful

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The following data represent the number of refrigerators sold for each of the past five months for Templeton Appliances.
 
  Month Sales
  1 25
  2 20
  3 40
  4 35
  5 30
 
  Using a two-period simple moving average, the forecasting error for Month 3 is ________.
  A) 2.5
  B) -5.0
  C) -7.5
  D) 17.5

Question 2

The sign test can be used to determine if consumers prefer one product or service over another.
 
  Indicate whether the statement is true or false


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Missbam101

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Mr. Wonderful

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Reply 2 on: Jun 24, 2018
Excellent


atrochim

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

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