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Home Q & A Board Science-Related Homework Help Mathematics Statistics and Probability
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ngocchapcheng11 ngocchapcheng11
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6 years ago
________ forecasting is a subjective technique that relies primarily on a knowledgeable person's intuition and judgment to predict future events.
 
  A) Quantitative
  B) Time series
  C) Qualitative
  D) Exponential

Q. 2

The finite population correction factor for the standard error of the mean should be used when the ratio of the sample size to the size of the population exceeds ________.
 
  A) 1
  B) 2
  C) 3
  D) 5

Q. 3

Parametric statistics can be used to perform a hypothesis test to estimate the population median.
 
  Indicate whether the statement is true or false

Q. 4

If the seasonal component of a time series consists of five seasonal categories (i.e., Monday, Tuesday, Wednesday, Thursday, and Friday), five dummy variables are needed for the forecasting regression model.
 
  Indicate whether the statement is true or false

Q. 5

When calculating a confidence interval for the mean using a sample size of 30 or more with a known population standard deviation, the ________ is used.
 
  A) normal distribution
  B) Poisson distribution
  C) binomial distribution
  D) Student's t-distribution
Textbook 
Business Statistics

Business Statistics


Edition: 2nd
Author:
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taphophobiataphophobia
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6 years ago
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6 years ago
My teacher is very rude and likes to speed his way through a lesson without letting the class ask questions. Thank you for helping me. You're a life saver Slight Smile
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