Author Question: Smoothing a time series of observations A) is a form of statistical cheating. B) is used to ... (Read 75 times)

daltonest1984

  • Hero Member
  • *****
  • Posts: 536
Smoothing a time series of observations
 
  A) is a form of statistical cheating.
  B) is used to reveal an underlying pattern in the data.
  C) renders the resultant forecast unusable.
  D) allows statisticians to use less data than would otherwise be required.

Question 2

Suppose the quantity of x is measured on the horizontal axis. If the price consumption curve is vertical when the price of x changes, then the demand for x is
 
  A) perfectly elastic.
  B) perfectly inelastic.
  C) unit elastic.
  D) There is not enough information to determine the price elasticity of demand for x.


honnalora

  • Sr. Member
  • ****
  • Posts: 325
Answer to Question 1

B

Answer to Question 2

B



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question


 

Did you know?

Sildenafil (Viagra®) has two actions that may be of consequence in patients with heart disease. It can lower the blood pressure, and it can interact with nitrates. It should never be used in patients who are taking nitrates.

Did you know?

On average, the stomach produces 2 L of hydrochloric acid per day.

Did you know?

Amoebae are the simplest type of protozoans, and are characterized by a feeding and dividing trophozoite stage that moves by temporary extensions called pseudopodia or false feet.

Did you know?

All adults should have their cholesterol levels checked once every 5 years. During 2009–2010, 69.4% of Americans age 20 and older reported having their cholesterol checked within the last five years.

Did you know?

Blood is approximately twice as thick as water because of the cells and other components found in it.

For a complete list of videos, visit our video library