The unemployment rates in the United States during a 10-year period are given in the following table.
Question:
Transcribed Image Text:
YEAR 1 2 3 4 5 6 7 8 9 10 Unemployment 7.2 7.0 6.2 5.5 5.3 5.5 6.7 7.4 6.8 6.1 rate (%)
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 47% (23 reviews)
For a smoothing constant of 02 the forecast for year 11 is 6489 Year Rate Forecast Error 1 72 72 0 2 ...View the full answer
Answered By
Utsab mitra
I have the expertise to deliver these subjects to college and higher-level students. The services would involve only solving assignments, homework help, and others.
I have experience in delivering these subjects for the last 6 years on a freelancing basis in different companies around the globe. I am CMA certified and CGMA UK. I have professional experience of 18 years in the industry involved in the manufacturing company and IT implementation experience of over 12 years.
I have delivered this help to students effortlessly, which is essential to give the students a good grade in their studies.
3.50+
2+ Reviews
10+ Question Solved
Related Book For
Quantitative Analysis for Management
ISBN: 978-0132149112
11th Edition
Authors: Barry render, Ralph m. stair, Michael e. Hanna
Question Posted:
Students also viewed these Statistics questions
-
The highest and lowest birth rates in the United States in 2008 were in Utah and Maine, respectively. Utah reported 55,633 births with a population of 2,736,424 people. Maine reported 13,610 births...
-
Assume that annual interest rates in the United States are 4 percent, while interest rates in France are 6 percent. a. According to IRP, what should the forward rate premium or discount of the euro...
-
Compare tax rates in the United States versus other countries. What impact could these differences have on keeping jobs at home?
-
The quantity called mass density is the mass per unit volume of a substance. What are the mass densities in SI units of the following objects? a. A 215 cm 3 solid with a mass of 0.0179 kg. b. 95 cm 3...
-
Suppose that you buy a TIPS (inflation-indexed) bond with a 1-year maturity and a coupon of 4% paid annually. If you buy the bond at its face value, and the inflation rate is 8%: a. What will be your...
-
As of June 30, 2022 (the computation date for the 2023 tax rate), Sanchez Company had a negative balance of $1,190 in its unemployment reserve account in State A. The companys average payroll over...
-
1. The income elasticity of demand for milk is negative (an inferior good). What is the implication of this for milk producers? 2. Why do pork and lamb have relatively high price elasticities of...
-
Barnes Manufacturing Co. forecast October sales to be 45,000 units. Additional information follows: Finished goods inventory, October 1............................... 5,000 units Finished goods...
-
Our presentation showed a video of TOMS "One for one" as an organization conducting business ethics by providing a free pair of shoes to someone in need for every one pair sold. Please provide an...
-
On August 1, the supplies account balance was $1,240. During August, supplies of $3,760 were purchased, and $1,600 of supplies were on hand as of August 31. Determine supplies expense for August.
-
Trevor Harty, an avid mountain biker, always wanted to start a business selling top-of-the-line mountain bikes and other outdoor supplies. A little over 6 years ago, he and a silent partner opened a...
-
Management of Davis's Department Store has used time-series extrapolation to forecast retail sales for the next four quarters. The sales estimates are $100,000, $120,000, $140,000, and $160,000 for...
-
John and C:irole file a joint return and have three children: Jack, age 23; David, age 20; and Kristen, age 15. All three children Live at home the entire year. Below is information about each of the...
-
You are asked to complete an investigation into the efficiency of removal of your toilet. The bowl hold 5 liters of water. When you flush almost all flows out, but some does remain. You inject dye...
-
The array spacing is 5D by 10D, for 1 MW wind turbines, 60 m diameter. a. How many turbines can be placed in a square kilometer? b. Assuming the average wind power potential is 500 W/m2 at 50 m...
-
When have you felt ostracized by a group? How did it affect you? If we naturally tend to like and see others similar to us positively, and dissimilar others less so, what are the ethical and...
-
A 1 7 . 2 0 meter tall object is placed 1 5 . 3 9 meters from a truck mirror. If an image is formed - 3 . 8 7 meters from the mirror, what is the height ( in meters ) of the image? Round your final...
-
17. The plan manager used the historical return for investing in long-dated government bonds (7%) as the expected return for fixed-income component of plan assets in his U.S. GAAP- reporting defined...
-
Give the molar mass of the following substances. (a) NaOH (b) C 2 H 4 (c) Mg(OH) 2
-
Distinguish between the work performed by public accountants and the work performed by accountants in commerce and industry and in not-for-profit organisations.
-
Use the Divergence Theorem to evaluate the flux \(\iint_{\mathcal{S}} \mathbf{F} \cdot d \mathbf{S}\). \(\mathbf{F}(x, y, z)=\left\langle x, y^{2}, z+yightangle, \mathcal{S}\) is the boundary of the...
-
A trend equation is a regression equation in which a. there are multiple independent variables. b. the intercept and the slope are the same. c. the dependent variable is time. d. the independent...
-
In exponential smoothing, if you wish to give a significant weight to the most recent observations, then the smoothing constant should be a. close to 0. b. close to 1. c. close to 0.5. d. less than...
-
When comparing several forecasting models to determine which one best fits a particular set of data, the model that should be selected is the one a. with the highest MSE. b. with the MAD closest to...
-
What is buzz marketing? Viral marketing? 2. What is relationship marketing? How to use CRM? 3. Appropriate usage of social media. 4. How to develop effective social media practices? 5. Develop a...
-
Total gross sales for the period include the following: Credit card sales (discount 3%) Sales on account (1/15, n/60) $9,600 $11,400 Sales returns related to sales on account were $350. All returns...
-
Arndt, Incorporated reported the following for 2024 and 2025 ($ in millions): Revenues Expenses 2024 $ 942 798 Pretax accounting income (income statement) Taxable income (tax return) Tax rate: 25% $...
Study smarter with the SolutionInn App