Answer:
B. they involve the use of expert judgement do develop forecasts
Explanation:
A time series is a series of events that is spaced equally in time. It is a statistical technique used to identify a time based trend of events and them make forecast using data from the trend/time series.
Time series requires certain processes which include discovering of a pattern in the historical data, projection of the historical data into the future, assumption that the pattern will remain the same(constant) as the time goes by, etc.
In time series method, since historical data is the point of reference for making a forecast, no expert judgements is required to develop forecasts. This is because once the data of the series from the past has been taken and a trend/pattern has been identified, that becomes the basis for future forecasts.
Cheers.
Answer:
The correct answer is b) "Time is money"
Explanation:
The Opportunity costs refer to all the benefits that a person, investor or company misses out on when they deciding one alternative over another.
For example, the expression "time is money" means that you can´t waste time because you could use this time to produce money. In other words, the time that you expend in some activities different than a profitable activity, are money that you won't recuperate. This is a clear example of opportunity cost when you choose an alternative that has fewer benefits than others.
Answer:
=$1,551.255
Explanation:
The amount can be calculates using the formula
A = p x ( 1 + r) ^n
Where A = Amount
P= principal: $1500
r=1.12% or 0.0112 per year. Dairy interest rate = 0.0112/365
n = 365 days x 3 = 1095
A= 1500 x( 1 + 0.0112/365)^1095
A =$1500 x ( 1.00003068493)^1095
A =$1500 x 1.034170
A =$1,551.255
Answer:
D. Sole proprietorship.
Explanation:
We know it's definitely is a sole proprietorship because of 'unlimited personal liability' which is a key characteristic.
Selma's business is not a joint venture because she is the only person who invested and runs the business whereas a joint venture is created by two or more entities or 'shared ownership'
Nor is it a corporation for this is an 'organization' owned and manned by many people but is regarded as a single entity. Neither is her business an s corporation because that just the same as a corporation but just with different tax regulations.
Answer:
The correct words for the blank space are: mortgage; decrease.
Explanation:
A mortgage is a loan used to purchase a home where the property serves as the borrower's collateral. If included within a portfolio, they represent a fixed-income portfolio because their market value will decrease if interest rates are raised. This is because the higher is an interest rate, the lesser people will be able to afford to pay for them thus home prices will have to go down so that they can be purchased.
