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Longer- Term Forecasting
Moving averages, exponential smoothing and decomposition methods tend to be utilized for short to medium term forecasting. Longer term forecasting is generally less detailed and is usually concerned along with forecasting the main trends on a year to year basis. Any of the techniques of regression analysis given in the preceding chapters could be utilized depending on the assumptions about linearity or nonlinearity, the number of independent variables and so on. The least squares regression approach is often utilized for trend forecasting.
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Proof of: if f(x) > g(x) for a x b then a ∫ b f(x) dx > g(x). Because we get f(x) ≥ g(x) then we knows that f(x) - g(x) ≥ 0 on a ≤ x ≤ b and therefore by Prop
Suppose the economy is now ‘open’ and thus has an external demand (e.g. from the government, exports, etc.) of the dollar amounts for each respective industry. In the latest budget
Solve 4 sin 2 ( t ) - 3 sin ( t /3)= 1 . Solution Before solving this equation let's solve clearly unrelated equation. 4x 2 - 3x = 1 ⇒ 4x 2 - 3x -1 = ( 4x + 1) ( x
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Children Have Their Own Strategies For Learning Vibhor, aged 7, was once asked if he knew what 'seven lots of eight' are. He said he didn't. He was then asked, "Can you work it
Q. Find a common factor of the numerator and denominator? Ans. There's only one key step to simplifying (or reducing) fractions: find a common factor of the numerator and
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