Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Clyde's Chairs and Things sells custom made chairs. Yearly sales from 1983 to 2011 are provided below. After analyzing the information, answer the following questions as completely as possible:
1. Plot the yearly sales data.
2. Compute the sales forecast for 2012 using the following approaches:
a) naïve forecast
b) a four year moving average
c) a weighted 3 year average using .5 for 2011, .3 for 2010, and .2 for 2009
d) exponential smoothing with alpha (smoothing constant) equal to .4 and assuming a 1984 forecast value of 20,050
3. Which method was the most appropriate and why? Which was the least appropriate and why?
Year
Chair Sales (Qty.)
1983
16,688
1984
21,184
1985
25,594
1986
28,110
1987
25,311
1988
20,112
1989
14,521
1990
10,749
1991
11,343
1992
15,162
1993
15,820
1994
16,533
1995
14,449
1996
15,077
1997
15,152
1998
16,303
1999
15,457
2000
14,199
2001
13,030
2002
13,636
2003
13,037
2004
14,842
2005
14,585
2006
10,916
2007
6,928
2008
5,368
2009
5,074
2010
5,839
2011
4,889
Prepare this assignment in a Microsoft Word document.
A random sample of 180 individuals had their blood sugar level measured. The 5-number summary was. How many of the people in the sample had glucose levels above 119?
The American Sugar Producers Association wants to estimate the mean yearly sugar consumption. A sample of 16 people reveals the mean yearly consumption to be 60 pounds with a standard deviation of 20 pounds.
Explain how the marketing analyst can use independent samples to collect the data.
consider an x-bar chart where the x-bar statistic is normally distributed and an associated x-bar control chart exists.
Sugar packaged by a certain machine has a mean weight of 5lb and a standard deviation of 0.02 lb. For what values of c can the manufacturer of the machinery claim that the sugar packaged by this machine has a weight between 5 - c and 5 + c lb with..
consider the following probability distributiondemand 0 1 2 3 4probability .15 .30 .25 .15 .15partition
Construct a 95% confidence interval for the mean HAV angle in the population of all such patients and construct a histogram and assess the shape, center, and spread. Remove the patient(s) that who are outliers.
Follow the conventions as described in the general guidelines for writing up Special Problems.
A machine produces 3 inch nails. A sample of 100 nails is selected, and it is found that 25 are shorter than 3 inches. Find the 95% confidence interval on the proportion of all such nails that are shorter than 3 inches.
suppose that the average life of a refrigerator before replacement is m 14 years with a 99.7 of data range from 8 to
this problem should be solved in excel please use separate spreadsheets for different parts.- consider a project
for the most recent year available the mean annual cost to attend a private university in the united states was 26889.
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd