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The Healthwise Company produces a variety of exercise equipment. Healthwise management is very pleased with the increasing sales of its newest model of exercise bicycle. The sales during the last two months have been 4,655 and then 4,935. Management has been using exponential smoothing with trend, with a smoothing constant of α = 0.1 and a trend smoothing constant of ß = 0.2, to forecast sales for the next month each time. The forecasts for the last two months were 4,720 and then 4,975. The last estimate of the trend factor was 240. Calculate the forecast of sales for next month. (Use hand calculations rather than an Excel template)
They both want to know what family member typically does the research about possible honeymoon destinations, and who primarily makes the decision on selecting the destination.
Flip a fair coin until heads occurs twice. Let X1 equal the number of flips up to and including the first H. Let X2 equal the number of additional flips up to and including the second H. What are PX1 (x1) and PX2 (x2). Are X1 and X2 independent? ..
At the .05 significance level, can we conclude that the mean waiting time is less than 3 minutes?
1. If 8.78 g of CuNO3 is dissolved in water to make a 0.630 M solution, what is the volume of the solution? 2. How many milliliters of 11.5 M HCl(aq) are needed to prepare 520.0 mL of 1.00 M HCl(aq)?
Has there been a significant shift upward in the percentage of persons who want to go to Europe? Using the .05 significance level for this study.
Find the margin of error for the values of c,s,and n and construct the confidence interval to find the estimated margin of error. Then find the sample mean.
If the standard deviation of the amount of coffee dispensed is 0.4oz and the amount of coffee dispensed is normally distributed.
a multiple-choice test contains 25 questions each with four answers. assume a student just guesses on each question.a
A defective picture tube was discovered in the latest shipment. What is the probability that it came from Tyson Wholesale?
How large should n be so that a 90% confidence interval for µ has a margin of error and What is the P-value for a test of the hypotheses
Satisfaction survey. A cable provider wants to contact customers in a particular telephone exchange to see how satisfied they are with the new digital TV service the company has provided. All numbers are in the 452 exchange, so there are 10,000 po..
Describe a scenario related to the final project in which you would use repeated-measures ANOVA. Describe a scenario related to the final project in which you would use MANOVA.
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