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Jessica7566 Jessica7566
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Posts: 366
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6 years ago
A payoff
 a. is always measured in profit.
  b. is always measured in cost.
  c. exists for each pair of decision alternative and state of nature.
  d. exists for each state of nature.

Q. 2

A stem-and-leaf display represents nominal data.
  Indicate whether the statement is true or false

Q. 3

In situations where you need to compare forecasting methods for different time periods, the most appropriate accuracy measure is ______.
 a. mean error
  b. mean absolute error
  c. mean squared error
  d. mean absolute percentage error

Q. 4

States of nature
 a. can describe uncontrollable natural events such as floods or freezing temperatures.
  b. can be selected by the decision maker.
  c. cannot be enumerated by the decision maker.
  d. All of the alternatives are true.

Q. 5

A histogram represents interval data.
  Indicate whether the statement is true or false

Q. 6

All of the following are true about a stationary time series EXCEPT ______.
 a. its statistical properties are independent of time
  b. a plot of the time series will always exhibit a horizontal pattern
  c. the process generating the data has a constant mean
  d. there is no variability in the time series over time
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jr0224jr0224
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Posts: 242
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6 years ago
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Jessica7566 Author
wrote...
6 years ago
Thank you for your assistance, again and again
wrote...
6 years ago
My pleasure
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