« previous next »

Author Question: If the forecasted value of the time series variable for period 2 is 22.5 and the actual value ... (Read 80 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?

Common abbreviations that cause medication errors include U (unit), mg (milligram), QD (every day), SC (subcutaneous), TIW (three times per week), D/C (discharge or discontinue), HS (at bedtime or "hours of sleep"), cc (cubic centimeters), and AU (each ear).

Did you know?

The most common childhood diseases include croup, chickenpox, ear infections, flu, pneumonia, ringworm, respiratory syncytial virus, scabies, head lice, and asthma.

Did you know?

Blood in the urine can be a sign of a kidney stone, glomerulonephritis, or other kidney problems.

Did you know?

For high blood pressure (hypertension), a new class of drug, called a vasopeptidase blocker (inhibitor), has been developed. It decreases blood pressure by simultaneously dilating the peripheral arteries and increasing the body's loss of salt.

Did you know?

The word drug comes from the Dutch word droog (meaning "dry"). For centuries, most drugs came from dried plants, hence the name.

The strange situation. The Strange Situation features a series of episodes in which (a) the mother l The strange situation. The Strange Situation features a series of episodes in which (a) the mother l
Time Estimates for Specific Office Procedures Cont. Time Estimates for Specific Office Procedures Cont.
(B) Actual photo of fetus at week 9. (B) Actual photo of fetus at week 9.
Embryonic Period Embryonic Period
Embryonic Period Embryonic Period
Variable penetrance of mitochondrial mutations Variable penetrance of mitochondrial mutations
Video: Cellular defenses (natural killer cells, phagocyte types & process of phagocytosis)

For a complete list of videos, visit our video library