Question: 1. A contractors records during the least five weeks indicate the number of job requests: Week 1 2 3 4 5 Request 44 42 53

1. A contractors records during the least five weeks indicate the number of job requests:

Week 1 2 3 4 5

Request 44 42 53 44 68

Predict the number of requests for week 4, week 5, week 6 using each of the following methods:

1) Nave approach

2) 3 period moving average

3) 4-period moving average

4) Weighted moving average using 0.60, 0.30 and 0.10 assuming highest weight to the most recent week

5) Exponential smoothing with = 0.30; use 40 for week 2 forecast.

2. Paul is conducting an experiment to relate fuel economy (MPG) with the amount of CO2 (grams/mile). Paul conducted an experiment on 12 different vehicle owners. Table below presents the fuel economy and CO2 emitted.

Fuel economy Vs. CO2 emissions.

Fuel Economy (MPG)

CO2 emissions(g/mi)

29.2

314 Question 1: This question is worth 10 points

26.5

324

28.5

322

28.1

318

28

316

24.1

344

26.1

342

25

356

23.4

381

22.8

389

22.2

399

1) Obtain a linear regression equation line for the data

2) Predict the CO2 emissions when the fuel economy is 24 MPG

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!