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lord [1]
3 years ago
10

A forecast is defined as a(an) Select one: A. set of observations on a variable measured at successive points in time. B. quanti

tative method used when historical data on the variable of interest are either unavailable or not applicable. C. prediction of future values of a time series. D. outcome of a random experiment.
Business
1 answer:
Brilliant_brown [7]3 years ago
8 0

Answer:

The correct answer is option C.

Explanation:

Forecast is the prediction of future values of a time series.

Forecast in literal sense means prediction or estimate.

Forecast is based on the examination of a systematic data in time series, which reflects some past behavior and future predictions are made on the basis of that.

Time series can be described as the sequence of observations regarding a variable which is recorded over a certain time period.

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The Golden Rule means to treat others the way you want to be treated. This should prevent you from being rude, ugly, mean, disho
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Answer:

True

Explanation:

You should always treat others the way you want to be treated.  If you were the one who could be treated badly, would your actions be different?

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3 years ago
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liq [111]

Answer:

positively.

Explanation:

The <u><em>correlation </em></u>between education and income is positive a more educated person will always have a better income than one that is not. But along the statistical distribution of this<u><em> correlation</em></u> there are people that <u><em>deviate </em></u>for the curve <u><em>(standar deviation)</em></u>  and even though they are educated they do not earn as much money to others that have the same level of education.

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3 years ago
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5 0
3 years ago
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Granger Company had January 1 inventory of $150,000 when it adopted dollar-value LIFO. During the year, purchases were $900,000
Lisa [10]

Answer:

$624, 750

Explanation:

Purchases = 900,000

Sales = 1500000

Price index = 110%

Inventory= 189750

1,500,000 - [{($150,000 x 110%) + $900,000} - $189,750]

=1,500,000 - [($150,000 x 1.1) + $900,000] - $189,750

= 1,500,000 - (1065000 - 189750)

= 1,500,000 - 875250

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Gross profit. = $624750

5 0
3 years ago
Suppose workers notice a fall in their nominal wage but are slow to notice that the price of things they consume have fallen by
kvasek [131]

Answer:

The correct answer is <em>Temporarily low and so supply a smaller quantity of labor</em>.

Explanation:

The inflation index is a variable that takes little to be identified by people. Although the price of products may have volatile movements, a decrease in the first place will lead to "Normal" behavior, which is expected to increase in the future.

In terms of work, it influences negatively because employees will feel little commitment and will be discouraged to see a decrease in their income.

7 0
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