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Rainbow [258]
3 years ago
6

The values of Alabama building contracts (in millions of dollars) for a 12-month period follow:240 350 230 260 280 320 220 310 2

40 310 240 230a. Construct a time series plot. What type of pattern exists in the data?b. Compare a three-month moving average forecast with an exponential smoothing forecast. Use alpha =0.2 Which provides the better forecasts based on MSE?c. What is the forecast for the next month?

Mathematics
1 answer:
GrogVix [38]3 years ago
3 0

Answer:

Check the explanation

Step-by-step explanation:

Kindly check the attached image below for the full explanation.

Based on the preceding MBE values in the attached image below, the 3-Month moving averages appear better; however, exponential smoothing was penalized by including month 2 which was difficult for any method to forecast; using only the errors for months 0 to 12, the MBE for exponential smoothing is

MSE (\alpha = 2)  = 14694/9= 1632.72

exponential smoothing was better considering months 4 to 12.

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A researcher obtains t = 2.35 for a repeated-measures study using a sample of n = 8 participants. Based on this t value, what is
ZanzabumX [31]

Answer:

p_v =2*P(t_{7}>2.35)=2*0.0255=0.051  

If we compare the p value and using the significance level given \alpha=0.05 we have p_v>\alpha so we can conclude that we have enough evidence to FAIL to reject the null hypothesis, and we can said that at 5% or 1% of significance we fail to reject the null hypothesis.

Step-by-step explanation:

It's important to refresh the p value method or p value approach . "This method is about determining "likely" or "unlikely" by determining the probability assuming the null hypothesis were true of observing a more extreme test statistic in the direction of the alternative hypothesis than the one observed". Or in other words is just a method to have an statistical decision to fail to reject or reject the null hypothesis.  

The significance level is not provided but we can assume it as \alpha=0.05. First we need to calculate the degrees of freedom like this:

df=n-1=8-1=7

The next step would be calculate the p value for this test.  Since is a bilateral test or two tailed test, the p value would be:  

p_v =2*P(t_{7}>2.35)=2*0.0255=0.051  

If we compare the p value and using the significance level given \alpha=0.05 we have p_v>\alpha so we can conclude that we have enough evidence to FAIL to reject the null hypothesis, and we can said that at 5% or 1% of significance we fail to reject the null hypothesis.  

5 0
4 years ago
Construct a quadrilateral ABCD in which AB = 4 cm, BC = 7 cm, angle A = angle C = 105 degree
Lelu [443]

Answer: see attachment

<u>Step-by-step explanation:</u>

Since A = C = 105° and D = 60°,

then A + B + C + D = 360°

     105° + B + 105° + 60° = 260°

               B + 270° = 360°

                          B = 90°      

     

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Step-by-step explanation:

In my opinion the reason 4 is incorrect

7 0
4 years ago
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joja [24]
$171.45

135 x 0.27 + 135
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3 years ago
4x/9=5/27 what is the value of x
Korvikt [17]
4x/9 = 5/27
Multiply both sides by 9 to give
4x = 45/27
Now multiply both sides by 27 to give
108x = 45
Now divide both sides by 108 to give
x = 45/108
Reduce the fraction to give
x = 5/12
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3 years ago
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