« previous next »

Author Question: If the forecasted value of the time series variable for period 2 is 22.5 and the actual value ... (Read 76 times)

809779

  • Hero Member
  • *****
  • Posts: 579
on: Jun 24, 2018
If the forecasted value of the time series variable for period 2 is 22.5 and the actual value observed for period 2 is 25, what is the forecast error in period 2?
 a. 3
  b. 2
  c. 2.5
  d. 2.5

Question 2

An electronics part manufacturer reprimanded an employee. The number of defective parts produced by the employee increased. The increase in the number of defective parts is probably an example of:
 a. assignable variation.
  b. common-cause variation.
  c. random variation.
  d. homoscedasticity.
  e. costs of attrition.


tandmlomax84

  • Sr. Member
  • ****
  • Posts: 323
Reply #1 on: Jun 24, 2018
Answer to Question 1

C

Answer to Question 2

A


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

About 600,000 particles of skin are shed every hour by each human. If you live to age 70 years, you have shed 105 pounds of dead skin.

Did you know?

In the United States, an estimated 50 million unnecessary antibiotics are prescribed for viral respiratory infections.

Did you know?

Many people have small pouches in their colons that bulge outward through weak spots. Each pouch is called a diverticulum. About 10% of Americans older than age 40 years have diverticulosis, which, when the pouches become infected or inflamed, is called diverticulitis. The main cause of diverticular disease is a low-fiber diet.

Did you know?

The toxic levels for lithium carbonate are close to the therapeutic levels. Signs of toxicity include fine hand tremor, polyuria, mild thirst, nausea, general discomfort, diarrhea, vomiting, drowsiness, muscular weakness, lack of coordination, ataxia, giddiness, tinnitus, and blurred vision.

Did you know?

Multiple experimental evidences have confirmed that at the molecular level, cancer is caused by lesions in cellular DNA.

Applying a time strip to the IV container. Applying a time strip to the IV container.
Upper GI series. Upper GI series.
Time Slows Down Near Matter Time Slows Down Near Matter
The principle of faunal succession uses animal fossils to tell relative time. The principle of faunal succession uses animal fossils to tell relative time.
Radiative forcing expresses change in energy input over time Radiative forcing expresses change in energy input over time
Disitive Time For Vegetables Disitive Time For Vegetables
Video: Cortisol (protein catabolism, gluconeogenesis, vasoconstriction & anti-inflammation)

For a complete list of videos, visit our video library