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Q. Consider the file P02_37.xlsx, elucidate which contains total monthly US retail sales data. While retaining the final 6 months of observations for validation purposes, use the method of moving averages with a carefully chosen span to forecast US retail sales in the next yr. Comment on the performance of your model. Illustrate what makes this time series more challenging to forecast?
Q. Calvin Coolidge once said that "inflation is repudiation." Illustrate what might have he meant by this? DO you agree? Elucidate why or elucidate why not? Does it matter whether the inflation is expected or unexpected?
Compute mean absolute percentage error (MAPE) of the forecasts.
Discuss in scholarly detail the defining principles and the implementing principles of the corporate social justice approach.
when given 5 costs also quantities over 5 months also asked for the arc cost elasticity of demand.
Explain all the different factors that might cause a confidence interval for μy/x0 to increase in width. [There are five. Look at the formula for the confidence interval, but please EXPLAIN THE FACTORS THAT COULD MAKE THE INTERVAL WIDER IN PLAIN ENGL..
Write an essay in response to the following: Elle is walking to work along a sidewalk next to a road. A truck owned by Fast Distribution Company (FDC) strikes and injures Elle, causing her injuries that result in more than $250,000 in medical expe..
Illustrate what does the area EBCD represent. Provide a full explanation of the concept that is shown in that area.
An average worker in Brazil can produce an ounce of soybeans in 20minutes and an ounce of coffee in 60 minutes, while an average worker in Per can produce an ounce of soybeans in 50 minutes and anounce of coffee in 75 minutes.
Assessment brief A proactive strategic procurement operation can give the organisation it represents a competitive advantage by reducing waste in the value chain. Purchasing strategies,
Illustrates what are the advantages of utilizing the funds in the construction process.
Analysis of variance tests
What steps can a government take to ensure that sustainable development is always considered in assessing which major economic projects or investment proposals to accept.
Under oligopoly if one firm in an industry significantly increases advertising expenditures in order to capture a greater market share, it is most likely that other firms in that industry.
What would be a short-term impact on the production of the corporation. Illustrate what would be the long term.
Evaluate this monitoring system. What would you do differently? Consider the benefits as well as costs of any change you recommend.
Illustrate why did official money lose its meaning in Germany during the 1920s. What did the German government do or not do.
Outline any two reasons, why the marginal revenue product differs between workers in different jobs.
Draw and show the change in the PPF when an outbreak of avian flu sickens millions of agricultural and industrial workers.
firm competing in a monopolistic competitive market. What conditions exist when economic profits are maximized.
Suppose the entire civilian labor force is 20,000 people and the number of unemployed is 2,000 people.
Elucidate how do your previous answers change in the special case where money demand does not depend on the expected rate of inflation
Using the formula for β^1 and β^0, show what will happen to the estimator of the slope and intercept in the SLR model if y is multiplied by the constant k, and at the same time x is multiplied by the constant m.
A basic theory of underlying macroeconomic behavior and therefore useful for making policy predictions. Briefly explain.
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