Question: A) A contractors records during the last five weeks indicate the number of job requests: Week 1 2 3 4 5 Request 24 23 22
A)
A contractors records during the last five weeks indicate the number of job requests:
| Week | 1 | 2 | 3 | 4 | 5 |
| Request | 24 | 23 | 22 | 21 | 18 |
Predict the number of requests for week 4, week 5, week 6 using each of the following methods:
1) Nave approach
2) 2 period moving average
3) 4-period moving average
4) Weighted moving average using 0.50, 0.40 and 0.10 assuming the highest weight to the most recent week
5) Exponential smoothing with = 0.20; use 24 for week 3 forecast.
B)
Paul is conducting an experiment to relate fuel economy (MPG) with the number of CO2 (grams/mile). Paul conducted an experiment on 12 different vehicle owners. The table below presents the fuel economy and CO2 emitted.
Fuel economy Vs. CO2 emissions.
| Fuel Economy (MPG) | CO2 emissions(g/mi) |
| 29.2 | 304 |
| 25.3 | 324 |
| 27.5 | 312 |
| 28.1 | 317 |
| 28 | 316 |
| 23.1 | 344 |
| 26.1 | 342 |
| 25 | 356 |
| 23.4 | 381 |
| 21.7 | 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
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