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Example of Exponential Smoothing By using the previous example and smoothing constant 0.3 generate monthly forecasts Months Sales Forecast
1 . The probability that a couple will have a child with black hair is 0.6. If this couple has 7 children what is (a) the probability that exactly 3 of these children have bl
Statistical estimation This is the procedure of using statistic to estimate a population parameter This is divided into point estimation whereas an estimate of a population
The ratio of gasoline to oil needed to run a chain-saw is 16:1. If you have 3.5 mL of oil, how many millilitres of gasoline must you add to get the proper mixture?
Devise one activity each to help the child understand 'as many as' and 'one-to-one correspondence'. Try them out on a child/children in your neighbourhood, and record your observat
A parcel of land, value $250,000 is sold to an investor who signs a contract agreeing to pay a deposit of $25,000 followed by equal quarterly payments for as long as necessary, wit
Vector theories
Jennifer ?ipped a coin three times and got heads each time. What is the probability in which she gets heads on the further ?ip? The probability of heads does not modify based o
Computing Limits :In the earlier section we saw that there is a large class of function which allows us to use to calculate limits. However, there are also several limits for whi
A standard deck of cards contains 52 cards. One card is selected at random. Determine a) The probability that the card is a 8 or an Ace? b) The probability that the card is
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