Based on the information give your forecast for period 7 is 40.
<h3>Forecast for period 7</h3>
Given:
Time-series trend equation=25.3+2.1x
Period=7
Let x present period 7
Hence:
Forecast for period 7 =25.3 +2.1(7)
Forecast for period 7 =25.3 +14.7
Forecast for period 7 =40
Inconclusion your forecast for period 7 is 40.
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Answer:
Cost of the inventory kept by Zephron Music is $3495
Explanation:
<u><em>Zephron Music purchased inventory for $4,400 and also paid a $260 freight bill</em></u>
Inventory $4660 (debit)
Trade Payable $ 4400 (credit)
Bank $260 (credit)
Recognise an Asset - Inventory and De-recognise asset - Bank
<u><em>Zephron Music returned 25% of the goods to the seller, took a 1% purchase discount</em></u>
Trade Payable $1212
Inventory $1165 (credit)
Discount Received $47 (credit)
Therefore Inventory Balance = $4660-1165 = $3495
An alternative plot for Amila to use is to use a graph to depict the data.
<h3>How to illustrate the information?</h3>
From the information, she is worried that it is difficult to compare the distributions of two stocks that are not next to each other on the plot.
Therefore, a graph can be used to better illustrate the information.
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According to the research, crowdsourcing is the open technique that involves generating insights based on ideas from massive numbers of people.
<h3>What is crowdsourcing?</h3>
It refers to a massive collaboration provided by individuals who are not part of an entity or institution.
It is an open modality of joint work of an indefinite number of people, who contribute their ideas for the development of a certain project.
Therefore, we can conclude that according to the research, crowdsourcing is the open technique that involves generating insights based on ideas from massive numbers of people.
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