Answer:
Maximizing Profit. Waterbrook Farm includes 240 acres of cropland. The farm owner wishes to plant this acreage in both corn and soybeans. The profit per acre in corn production is $325 and in soybeans is $180.A total of 320 hr of labor is available. Each acre of corn requires 2 hr of labor, whereas each acre of soybean requires 1 hr of labor. How should the land be divided between corn and soybeans in order to yield the maximum profit? What is the maximum profit?
Step-by-step explanation:
Answer: C. there is still not enough evidence to conclude that the time series is stationary.
Step-by-step explanation: First thing to note for a time series plot is that it is required to select a suitable forecast method for the data set being considered.
A stationary time series means that the process generating the data set has a constant mean and the variations are constant over time. This means all evidence is present leading to the conclusion that the entire time series is stationary. A stationary time series thus exhibits an horizontal pattern which enables an appropriate forecast method to be selected for this type of pattern.
A horizontal pattern of a time series plot indicates that a data set fluctuates around a constant mean for a period of time. This period of time may however not be the entire time of the time series or take the entire data set into consideration and might just be a reflection of a portion of the time series hence why it can not be explicitly considered to be stationary. This means that a horizontal pattern can change into a seasonal or trending pattern if more variables/data are added over time.
For instance, a manufacturer sells a certain amount of products over a 10 week period and the resulting pattern of a time series plot is horizontal, then from the 11th week to the 15th week he gets a sharp and continuous increase in sales. This change in level will therefore change the time series plot from horizontal to trending making it more difficult to select a suitable forecast method.
It should be 75000. I don’t know. I looked this up but I still hope this helps!
Answer:
i needd points sorry
Step-by-step explanation:
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