Give a scenario (preferably related to your area of expertis

Assignment Help Basic Statistics
Reference no: EM13263402

Judgmental Forecasting and Managerial Issues:

Give a scenario (preferably related to your area of expertise or work experience) in which a judgmental forecasting method would be used.  Which particular judgmental forecasting method (or methods) would be most appropriate?  Which common biases of judgmental forecasting do you believe are most likely to occur in this scenario?  Explain.

I work in the field of Information Technology so if you can think of a scenario for judgment forecasting and the common biases for this field it would be great!  Provide me a 1.5 page detailed discussion solution.

Reference no: EM13263402

Questions Cloud

Influence of branding on consumers : What findings (or facts) did you discover from your readings and what are the aims or objectives of the report
What is the spatial length of the pulse : A laser pulse has an energy of 16 J and a beam radius of 2 mm. The pulse duration is 11 ns and the energy density is constant within the pulse. What is the spatial length of the pulse
What will year 2 free cash flow for the project be : NWC requirements at the beginning of each yearis approximately 20% of the projected sales during the coming year. Thetax rate is 40% and the required returnon the project is 13%.
What is the cost of haroldson retained earnings : Haroldson Inc. common stock is selling for $22 per share. The last dividend was $1.20, and dividends are expected to grow at a 6% annual rate. Flotation costs on new stock sales are 5% of the selling price. What is the cost of Haroldson's retained..
Give a scenario (preferably related to your area of expertis : Give a scenario (preferably related to your area of expertise or work experience) in which a judgmental forecasting method would be used.  Which particular judgmental forecasting method
What would be roses component cost of preferred stock : Rose has preferred stock selling for 99 percent of par that pays a 9 percent annual coupon. What would be Rose's component cost of preferred stock?
What would be fern component cost of preferred stock : Fern has preferred stock selling for 95 percent of par that pays an 8 percent annual coupon. What would be Fern's component cost of preferred stock?
Find il and ic at resonance including phase angles : Given a parallel resonant circuit with the following components: a 10mA source with a zero degree phase angle in parallel with a 10k ohm source resistance, a parallel inductor of 80uH with an internal resistance of 1.5 ohms
What is cj cos cost of equity : CJ Co stock has a beta of 0.9, the current risk-free rate is 5.6, and the expected return on the market is 13 percent. What is CJ Co's cost of equity?

Reviews

Write a Review

Basic Statistics Questions & Answers

  What percent of monthly charges are between given value

Given that the average monthly amount charged is uniformly distributed, what percent of monthly charges are between $100 and $1100?

  Determining proportion-pro life

If a random sample of 10 people found that 9 were pro-life (i.e., 90%), while another random sample of 1,000 people from the same population found that 550 were pro-life (i.e., 55%), which would you find more significant?

  Proportion and degrees of freedom

Find the value of q-hat from proportion and degrees of freedom used to find the t-score.

  Confidence interval example for statistics students

Using a previous exercise about Hallux abducto valgus (HAV) (deformation of the big toe that often requires surgery). Doctors used x-rays to measure the angle (in degrees) of deformity in 38 consecutive patients under the age 21 who came to a medi..

  Use rejection points to test the hypothesis

Use rejection points and previously given sample information to test the hypothesis you set up in part a by setting alpha equal to 010, .05, .01, and .001.

  Find the conditional mean and variance of k

The cost of each book is a random variable with mean 30. What is the expected value of his total expenditure? Find the joint PMF of K and N. Find the marginal PMF of N.

  Confident that mean yield using catalyst exceeds pounds

Based on this confidence interval, can we be 95% confident that the mean yield using catalyst XA-100 exceeds 750 pounds per hour? Why?

  Probability that exactly one woman is selected

Satellite Office Systems has vacancies for two executives that it will fill from among four women and six men. What is the probability that exactly one woman is selected?

  Interpreting a scatter diagram

Make up a scatter diagram with 10 dots for each of the following situations:

  Diagrammatic representation and normal distribution

Ten members of a fraternity take a statistics course. Here are their scores on the first exam in the course:

  Sample size and confidence interval

A promotion campaign is being planned to encourage people to reduce heat in their houses at night. In order to measure the campaign's impact, we want to determine the proportion of people who reduce their heat at night.

  Find probability that the return for common stocks

Describe the effect of an outlier or extreme value on the confidence interval - Find the probability that the return for common stocks

Free Assignment Quote

Assured A++ Grade

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!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd