In forecasting daily time-series data, how many dummy variables are needed to account for the seasonal component
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 85% (7 reviews)
If the weeks follow a common cycle within a month ...View the full answer
Answered By
Seema kuldeep
although I don't have an experience of teaching in a particular institute, previously I was an expert on Chegg and I have used to teach my batch mates and also my juniors.
5.00+
1+ Reviews
10+ Question Solved
Related Book For
Statistics For Managers Using Microsoft Excel
ISBN: 9780133130805
7th Edition
Authors: David M. Levine, David F. Stephan, Kathryn A. Szabat
Question Posted:
Students also viewed these Statistics questions
-
The following mechanism has been proposed to account for the rate law of the decomposition of ozone to O2(g): Apply the steady-state hypothesis to the concentration of atomic oxygen, and derive the...
-
The only accurate way to account for the success or failure of an entity is to accumulate all transactions from the opening of business until the business eventually liquidates.
-
What variables are needed to describe a gas that obeys the ideal gas law? What are the SI units for each variable?
-
Suppose that In Example 18.6 the electrical firm does not have enough prior information regarding the population mean length of life to be able to assume a normal distribution for p. The firm...
-
The management of First American Bank was concerned about the potential loss that might occur in the event of a physical catastrophe such as a power failure or a fire. The bank estimated that the...
-
Go to the St. Louis Federal Reserve FRED database, and find data on recession dating (USREC), the unemployment rate (UNRATE), nonfarm payroll employment (PAYEMS), and the mean duration of...
-
ABS Plumbing Ltd wants to prepare flexible budget cost estimates for the following items within a range of 33000 to 41000 chargeable hours. Required (a)Prepare a flexible overhead budget for 33000,...
-
1. Emerson Process Management, a global supplier of measurement, analytical, and monitoring instruments and services based in Austin, Texas, had a new data warehouse designed for analyzing customer...
-
A house painter uses the chair and pulley arrangement of the figure to lift himself up the side of a house. the painter's mass is 72 kg and the chair's mass is 12 kg. With what force must he pull...
-
Spaworks Inc. makes hot tubs for residential use. The hot tubs, which consist of a fibreglass finish and proprietary insulation glass, are sold with an all-weather pump and heater unit for $2,750....
-
In forecasting a monthly time series over a five-year period from January 2008 to December 2012, the exponential trend forecasting equation for January is Take the antilog of the appropriate...
-
In forecasting a quarterly time series over the five-year period from the first quarter of 2008 through the fourth quarter of 2012, the exponential trend forecasting equation is given by where...
-
Why is the market for m-commerce in North America maturing much later than in other regions of the world?
-
Example of writing a Journal on Mental development and understanding of mentally challenged children?
-
Give Recommendations on how to resolve dilemmas (40 points) a. Using the SHRM Code of Ethics, describe which code provisions cover each of the dilemmas. Fully describe the applicable core principle,...
-
Do you think that stress is 100% preventable when employees and employers keep an Apennine of communication when employers not only allow but encourage employees to express their concerns?
-
What are the main differences in recruitment and selection practices across countries. Needing to link back to Global Staffing, Recruitment and Selection. If able to link between different scholar...
-
what are 2 cons of the Purina's CSR plan as it affects the organization and the community.?
-
What percentage of top leaders would you say are really charismatic, transformational, symbolic, and/or servant leaders? (Your answers can change for each of the four leadership behaviors.
-
The National Collegiate Athletic Association (NCAA) and the National Federation of State High School Associations (NFHS) set a new standard for non-wood baseball bats. Their goal was to ensure that...
-
An automatic car wash takes exactly 5 minutes to wash a car. On average, 10 cars per hour arrive at the car wash. Suppose that 30 minutes before closing time, 5 cars are in line. If the car wash is...
-
Find the area under the standard normal probability distribution between the following pairs of z-scores: a. z = 0 and z = 2.00 b. z = 0 and z = 3 c. z = 0 and z = 1.5 d. z = 0 and z = .80
-
Find the following probabilities for the standard normal random variable z: a. P(z > 1.46) b. P(z < -1.56) c. P(.67 z < 2.41) d. P(-1.96 z < -.33) e. P(z 0) f. P(-2.33 < z < 1.50)
-
Last year, a city had three school districts: North with a population of 5200 children, South with a population of 10600 children, West, with a population of 15100 children. Use Hamilton, Adams,...
-
Prepare the journal entry to record pension expense and the employer ? s contribution to the pension plan in 2 0 2 0 . ( Credit account titles are automatically indented when amount is entered. Do...
-
Concord Department Store uses a perpetual inventory system. Data for product E2-D2 include the following purchases. Date Number of Units Unit Cost May 7 July 28 45 30 $13 15 On June 1, Concord sold...
Study smarter with the SolutionInn App