Answer: I found the complete question:
A forecast is defined as a(n):
a. prediction of future values of a time series.
b. quantitative method used when historical data on the variable of interest are either unavailable or not
applicable.
c. set of observations on a variable measured at successive points in time.
d. outcome of a random experiment.
And the correct answer is "a. prediction of future values of a time series.
".
<u>A forecast is defined as a prediction of future values of a time series.</u>
Answer:
C
Explanation:
I just did it and got it right :))
Answer:
c. $1,300 gain
Explanation:
In this scenario, Susan recognized a $1,300 gain on this sale. This is because Susan originally purchased the stock for a total price of $6,000. When she sold the stock, she sold it for a higher price than what she originally paid for it therefore recognizing a gain. To calculate this gain we simply subtract her initial purchase price from her selling price of the stock which would give us a $1,300 gain.
$7,300 - $6,000 = $1,300
Answer: Friendly's would say that you were paying an APR of 1485.71%.
We arrive at the answer as follows
First we calculate the dollar interest on the $7 loan and the rate of interest.
This 28.5714% interest is for a loan that lasts for one week.
Since a year has 52 weeks, we can find the APR as 
.
Answer:
The correct option is option D which is When 2006 is chosen as the base year, the inflation rate is 50 percent in 2007.
Explanation:
For the fixed basket, the price is 2006 is given as
Basket Price =$3*10+$5*6=$30+$30=$60
Now the price of basket in 2007 is given as
Basket Price=$5.40*10+$6*6=$54+$36=$90
Now as the inflation rate is given as
Price in 2007/Price in 2006=$90/$60=1.5
this indicates that the prices have become 1.5 times or have increase 50% Thus the inflation rate is 50%
