The following data summarizes the historical demand for a

Assignment Help Basic Statistics
Reference no: EM13584243

The following data summarizes the historical demand for a product:

Month     Actual Demand

March             20
April                25
May                40
June               35
July                30
August           45

If the forecasted demand for June, July, and August is 32, 38, and 42 respectfully what is MAPD?

Reference no: EM13584243

Questions Cloud

A board member of an nfp hospital has asked you what : a board member of an nfp hospital has asked you what resources are available to help him in assessing the financial and
Who is superior in asset allocation using sharpe index : the following performance information given to youbenchmark portfoliojoes portfoliokims
Select an article from a magazine or newspaper that has : select an article from a magazine or newspaper that has something in it that pertains to biology. for instance you can
On june 11 two years ago gia sold land with a cost of 15000 : on june 11 two years ago gia sold land with a cost of 15000 for 45000. gia collected 20000 initially and is scheduled
The following data summarizes the historical demand for a : the following data summarizes the historical demand for a productmonthnbspnbspnbspnbsp actual
Explain why companies may still rely on mail in surveys : 1.explain the potential challenges faced in an online focus group.2.explain why companies may still rely on mail in
Calculate the performance measures of each of the funds a b : the following data are available relating to the performance of csf equity fund and the market portfolionbspfund afund
What is the chance that the scientists first successful : a scientist attempts to perform a difficult experiment. she is successful in about 80 of her attempts. she attempts the
Patricia exchanges office equipment with an adjusted basis : patricia exchanges office equipment with an adjusted basis of 20000 for 5000cash and office equipment with a fmv of

Reviews

Write a Review

Basic Statistics Questions & Answers

  List sample points for probabilities to the simple events

Suppose that four families are surveyed and that each one reports whether its income exceeded the reported medium for that year. List the sample points.

  Concepts for statistics

Using the table below, compare and contrast the main differences between two quantitative research designs and two qualitative research designs.

  1suppose that you are a student worker in the statistics

1.suppose that you are a student worker in the statistics department and they agree to pay you using the random pay

  State null hypothesis-alternative hypothesis for distances

Firm wishes to choose a small sample of driving distances from the past year and carry out a hypothesis test for its suspicion. State the null hypothesis and the alternative hypothesis that it would use for this test.

  Find income that separates the top from lower of the incomes

Mean income of $30,000and a standard deviation of $3,000. What is the income that separates the top 25% from the lower 75% of the incomes?

  Sufficient reason to conclude population standard deviation

The sample variance was s^2=16.0. does the sample show sufficient reason to conclude that the population standard deviation is not equal to 3 at the 0.05 level of significance? use the p-value method.

  Predicting the standard z-scores

On which test did he do better compared to the rest of the class?

  Probability-binomial tends to normal

Effectiveness White flies are devastating California crops. An area infested with white flies is to be sprayed with a chemical which is known to be 98% effective for each application.

  Information regarding least squares

If the least squares equation for sales data going from 1984 to 1990 is Y1 = 10 + 1.3X (in $ millions) found using the coded method, what is the plot on the straight line for 1988? (x and y values)

  Significant difference-one way anova

In a bumper test, three types of autos were deliberately crashed into a barrier at 5 mph, and the resulting damage (in dollars) was estimated. Five test vehicles of each type were crashed, with the results shown below.  Research question:  Are the ..

  Finding approximate six sigma level of the process

The DPMO for process is 860. Find the approximate Six Sigma level of the process?

  In a human factor experimental project it has been

in a human factor experimental project it has been determined that the reaction time of a pilot to a visual stimulus is

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