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Differentiate between prediction, projection and forecasting.
DISCUSS THE METHODS OF MEASURING TREND
What is an example of a real life situation when I would use each of these test
history of north west corner method
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We are interested in assessing the effects of temperature (low, medium, and high) and technical configuration on the amount of waste output for a manufacturing plant. Suppose that
what the purpose we use it
regression line drawn as Y=C+1075x, when x was 2, and y was 239, given that y intercept was 11. calculate the residual
A. Do the correlation matrix table. B. Which variable (s) has the largest correlation coeffieient which is not a perfect correlation? C. Which variable (s) has the s
Advantages It is especially useful in case of open-end classes since only the position and not the values of items must be known. The median is also recommended if th
Suppose that before the minimum wage law change, the underlying mean number of part-time employees per Burger King Restaurant in New Jersey was 20.3. It was thought that the increa
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