Use the following employment data (in thousands) for the United States and for New Jersey to answer
Question:
Use the following employment data (in thousands) for the United States and for New Jersey to answer question.
Compute the 4-year moving average for employment in the United States. Use this information to forecast employment in the United States in 1990.
Transcribed Image Text:
Year 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 Employment United States 78,678 79,367 82,153 85,064 86,794 85,846 88,752 92,017 96,048 98,824 99,303 100,397 99,526 100,834 105,005 107,150 109,597 112,440 114,968 117,342 New Jersey 2,859 2,840 2,935 3,011 3,023 2,929 2,973 3,065 3,209 3,323 3,334 3,330 3,306 3,385 3,589 3,621 3,712 3,806 3,824 3,826
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (1 review)
Answered By
Nicholas Maina
Throughout my tutoring journey, I've amassed a wealth of hands-on experience and honed a diverse set of skills that enable me to guide students towards mastering complex subjects. My proficiency as a tutor rests on several key pillars:
1. Subject Mastery:
With a comprehensive understanding of a wide range of subjects spanning mathematics, science, humanities, and more, I can adeptly explain intricate concepts and break them down into digestible chunks. My proficiency extends to offering real-world applications, ensuring students grasp the practical relevance of their studies.
2. Individualized Guidance:
Recognizing that every student learns differently, I tailor my approach to accommodate various learning styles and paces. Through personalized interactions, I identify a student's strengths and areas for improvement, allowing me to craft targeted lessons that foster a deeper understanding of the material.
3. Problem-Solving Facilitation:
I excel in guiding students through problem-solving processes and encouraging critical thinking and analytical skills. By walking learners through step-by-step solutions and addressing their questions in a coherent manner, I empower them to approach challenges with confidence.
4. Effective Communication:
My tutoring proficiency is founded on clear and concise communication. I have the ability to convey complex ideas in an accessible manner, fostering a strong student-tutor rapport that encourages open dialogue and fruitful discussions.
5. Adaptability and Patience:
Tutoring is a dynamic process, and I have cultivated adaptability and patience to cater to evolving learning needs. I remain patient through difficulties, adjusting my teaching methods as necessary to ensure that students overcome obstacles and achieve their goals.
6. Interactive Learning:
Interactive learning lies at the heart of my approach. By engaging students in discussions, brainstorming sessions, and interactive exercises, I foster a stimulating learning environment that encourages active participation and long-term retention.
7. Continuous Improvement:
My dedication to being an effective tutor is a journey of continuous improvement. I regularly seek feedback and stay updated on educational methodologies, integrating new insights to refine my tutoring techniques and provide an even more enriching learning experience.
In essence, my hands-on experience as a tutor equips me with the tools to facilitate comprehensive understanding, critical thinking, and academic success. I am committed to helping students realize their full potential and fostering a passion for lifelong learning.
4.90+
5+ Reviews
16+ Question Solved
Related Book For
Statistics For Business And Financial Economics
ISBN: 9781461458975
3rd Edition
Authors: Cheng Few Lee , John C Lee , Alice C Lee
Question Posted:
Students also viewed these Business questions
-
Use the following employment data (in thousands) for the United States and for New Jersey to answer question. Compare the different forecasts generated for 1990 by the methods you used in questions...
-
Use the following employment data (in thousands) for the United States and for New Jersey to answer question. Plot the New Jersey employment data. Do you think the linear trend model provides a good...
-
Use the following employment data (in thousands) for the United States and for New Jersey to answer question. Use a first-order autoregressive model to forecast employment in the United States in...
-
Venator fund has a 5% front load. The fund had 13.1% return over the last 5 years. What is the actual annual return for investor invested in the fund for 5 years?
-
(a) What is meant by the term "Working Capital Management"? (b) Explain the following concepts associated with Working capital Management. Decision Criteria Management of Working Capital
-
An organization is in the process of upgrading microcomputer hardware and software for all employees. Hardware will be allocated to each employee in one of three packages. The first hardware package...
-
(a) Show that the Jones matrix of a polarization analyzer set at angle \(\alpha\) to the \(X\)-axis is given by \[ \underline{\mathbf{L}}(\alpha)=\left[\begin{array}{cc} \cos ^{2} \alpha & \sin...
-
1. Determine whether this case would be prosecuted as a criminal or civil offense, and state reasons to support your conclusion. 2. Who are the victims of this late-trading scheme, and what losses do...
-
Assume that you are a first-year Associate working at Dewey, Cheatem & Howe, the largest and most prestigious law firm in Miami, Florida. On your first assignment, you are assigned to work with Noah...
-
Two radio transmitters positioned 300 mi apart along the shore send simultaneous signals to a ship that is 200 mi offshore, sailing parallel to the shoreline. The signal from transmitter S reaches...
-
Use the following employment data (in thousands) for the United States and for New Jersey to answer question. Use a time trend regression to forecast employment in the United States in 1990, 1991,...
-
Use the following employment data (in thousands) for the United States and for New Jersey to answer question. Graph the employment for the United States, and try to identify the components of the...
-
Find the derivative of each function defined as follows. f(t) = 7/t 5/t 3
-
Write a graphics program that draws two squares, both with the same center. Provide a class TwoSquareViewer and a class TwoSquareComponent.
-
The Random class implements a random number generator, which produces sequences of numbers that appear to be random. To generate random integers, you construct an object of the Random class, and then...
-
How would you reorganize the InvestmentViewer1 program of Section 10.7.2 if you needed to make AddInterestListener into a top-level class (that is, not an inner class)?
-
Name two accessor methods and two mutator methods of the Rectangle class.
-
Consider the task of translating a plain-text book from Project Gutenberg (http:// gutenberg.org) to HTML. For example, here is the start of the first chapter of Tol stoys Anna Karenina: Chapter 1...
-
How is the sale of equipment reported on the statement of cash flows using the indirect method?
-
B made an issue of 150,000 $1 ordinary shares at a premium of 20% the proceeds of which is received by cheque. What is the correct journal to record this? A. Bank Share capital Share premium B. Bank...
-
Ten years ago, Art purchased land for $60,000 and immediately titled it in the names of Art and Bart, joint tenants with right of survivor-ship. Bart paid no consideration. In 2017, Art died and was...
-
Joy died on November 5, 2017. Soon after Joys death, the executor discovered the following insurance policies on Joys life. Joy transferred ownership of policies 757 and 848 to her son in 2009. She...
-
Gaylord Gunnison (GG) died January 13, 2017, and his gross estate consisted of three propertiescash, land, and stock in a public company. The amount of cash on the date of his death was $2.9 million,...
-
Henry Hitchcock is 40 years old today and he wishes to accumulate $540,000 by his 65 th birthday so he can retire to his summer place on Lake Hopatcong. He wishes to accumulate this amount by making...
-
Vin Diesel owns Furious Barber Shop. He employs four barbers and pays each a base rate of $2,250 per month. One of the barbers serves as the manager and receives an extra $1,500 per month. In...
-
Crane Zone Corporation experienced the following variances: materials price $270 U, materials quantity $1,290 F, labor price $610 F, labor quantity $380 F, and total overhead $910 U. Sales revenue...
Study smarter with the SolutionInn App