Question 1

Distinguish a dependent variable from an independent variable.

Accepted Answer

The independent variable is re...

Question 2

Increasing the number of periods in a moving average will accomplish greater smoothing,but at the expense of

Accepted Answer

A)  manager understanding.
B)  accuracy.
C)  stability.
D)  responsiveness to changes.
E)  reliability.F) A) and E)
G) C) and D)

Question 3

The quarterly sales for specific educational software over the past three years are given in the following table.Compute the four seasonal factors.

Accepted Answer

The answer of The quarterly sales for specific educational software...

Question 4

What is the approximate forecast for May using a four-month moving average?

Accepted Answer

A)  38
B)  42
C)  43
D)  44
E)  47F) B) and C)
G) C) and E)

Exam 4: Forecasting

Increasing the number of periods in a moving average will accomplish greater smoothing,but at the expense of