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STAT 271 Prince Sultan University Forecasting Time Series Data Project
Steps:
1. Select recent case study with time series price data which includes one
items to be analysed. You can use a da ...
STAT 271 Prince Sultan University Forecasting Time Series Data Project
Steps:
1. Select recent case study with time series price data which includes one
items to be analysed. You can use a data from your area of specialization (accounting) and
excel software. 2. Use sample size, which is not more than 15 and not less than 10 observations. 3. After reading section 16.1 from your both eBook and slides, identify the
following for your dataset:
i. Time series component. You can draw line chart to support your answer.
ii. Compute the simple Index number for your data (use period one (year,
day,…etc.) as a base period).
iii. Determine the actual percentage growth between the base period and the
tenth period in your data.
iv. Determine the actual percentage growth between period six and the tenth
period in your data.
4. Discuss your results in each point as stated below. Notes: 1. You will be required to write and submit a short paper (Max. 4 pages, typewritten
and have at least a 12-point font – Times New Roman) that describes your case
study. 2. The paper should be presented as follows:
• Introduction
• Research methodology
• Research findings and discussion (Step 3) • Appendix contains the data used in your research (if you include the data
in the analysis part then you don’t need insert it in the appendix)
• References in APA style .3. To collect your data you can refer to PSU database or any other database. 4. Plagiarism will tracked and
similarity should not exceeds 20%.
MTH410 CSU Global Probability and Professional Life Questions
Do you use probability in your profession or real life? You most likely do. For example, the chance of rain tomorrow is 27 ...
MTH410 CSU Global Probability and Professional Life Questions
Do you use probability in your profession or real life? You most likely do. For example, the chance of rain tomorrow is 27%. We hear similar probabilities in the media all the time. Similar probabilities could be found in other professions. Complete one of the following:(i) Find an example of probability involving “A or B” that is used in your chosen profession or real life. Explain the example. Are the events A and B in your example mutually exclusive? Which Addition Rule formula for P(A or B) applies? Be sure to cite the source of the information clearly.(ii) Using a search engine, find an example of probability involving “A and B” that is used in your chosen profession or real life. Explain the example. Are the events A and B in your example independent? Which Multiplication Rule formula for P(A and B) applies? Be sure to cite the source of the information clearly.(iii) Find an example involving conditional probability that is used in your chosen profession or real life. Explain the example. Be sure to cite the source of the information clearly.
The table lists the average annual cost of tuition and fees, algebra homework help
The table lists the average annual cost of tuition and fees
at private 4-year colleges for sel ...
The table lists the average annual cost of tuition and fees, algebra homework help
The table lists the average annual cost of tuition and fees
at private 4-year colleges for selected years.
Year Tuition and Fees (in dollars)
1994 11,719
1996 13,994
1998 17,709
2000 16,233
2002 21,116
2004 24,101
2006 32,218
1. Given any two
data points with each consisting of the year and its corresponding tuition and
fees, describe in detail how you would find a linear function that models the
data shown in the table. Be sure to clearly define and interpret all components
involved in your model.
2. Determine a
linear function that models the data, where 0 x= represents 1994, and 1 x=
represents 1995, and so on. Use the points ( ) 0,11719 and( ) 12,32218 . Choose
two more combinations of points and use them to create two additional linear
functions that model the data. Record the three linear functions below.
Function 1:
Function 2:
Function 3:
3. How would you go about using these functions
to predict the average annual cost of tuition and fees for a future year?
Suppose you are in the marketing department for a college and you are trying to
determine which function to use to encourage future students attend your
college. Explore and state the messages that can be sent to prospective
students by each function.
4. Use all three functions to approximate
tuition and fees in 2035. State your results below. Next, choose the function
you would use to encourage prospective students and explain the reasoning
behind your choice.
Function 1:
Function 2:
Function 3:
Function of
choice:
Explanation:
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Most Popular Content
UOA Engineering Matlab Solving Numerical Analysis Equations Presentation
solve the following equation by matlab and provide a full report including the graph introduction, methodology and conclus ...
UOA Engineering Matlab Solving Numerical Analysis Equations Presentation
solve the following equation by matlab and provide a full report including the graph introduction, methodology and conclusion. prepare 10 minutes presentation including graphs 📈 and explinatio
STAT 271 Prince Sultan University Forecasting Time Series Data Project
Steps:
1. Select recent case study with time series price data which includes one
items to be analysed. You can use a da ...
STAT 271 Prince Sultan University Forecasting Time Series Data Project
Steps:
1. Select recent case study with time series price data which includes one
items to be analysed. You can use a data from your area of specialization (accounting) and
excel software. 2. Use sample size, which is not more than 15 and not less than 10 observations. 3. After reading section 16.1 from your both eBook and slides, identify the
following for your dataset:
i. Time series component. You can draw line chart to support your answer.
ii. Compute the simple Index number for your data (use period one (year,
day,…etc.) as a base period).
iii. Determine the actual percentage growth between the base period and the
tenth period in your data.
iv. Determine the actual percentage growth between period six and the tenth
period in your data.
4. Discuss your results in each point as stated below. Notes: 1. You will be required to write and submit a short paper (Max. 4 pages, typewritten
and have at least a 12-point font – Times New Roman) that describes your case
study. 2. The paper should be presented as follows:
• Introduction
• Research methodology
• Research findings and discussion (Step 3) • Appendix contains the data used in your research (if you include the data
in the analysis part then you don’t need insert it in the appendix)
• References in APA style .3. To collect your data you can refer to PSU database or any other database. 4. Plagiarism will tracked and
similarity should not exceeds 20%.
MTH410 CSU Global Probability and Professional Life Questions
Do you use probability in your profession or real life? You most likely do. For example, the chance of rain tomorrow is 27 ...
MTH410 CSU Global Probability and Professional Life Questions
Do you use probability in your profession or real life? You most likely do. For example, the chance of rain tomorrow is 27%. We hear similar probabilities in the media all the time. Similar probabilities could be found in other professions. Complete one of the following:(i) Find an example of probability involving “A or B” that is used in your chosen profession or real life. Explain the example. Are the events A and B in your example mutually exclusive? Which Addition Rule formula for P(A or B) applies? Be sure to cite the source of the information clearly.(ii) Using a search engine, find an example of probability involving “A and B” that is used in your chosen profession or real life. Explain the example. Are the events A and B in your example independent? Which Multiplication Rule formula for P(A and B) applies? Be sure to cite the source of the information clearly.(iii) Find an example involving conditional probability that is used in your chosen profession or real life. Explain the example. Be sure to cite the source of the information clearly.
The table lists the average annual cost of tuition and fees, algebra homework help
The table lists the average annual cost of tuition and fees
at private 4-year colleges for sel ...
The table lists the average annual cost of tuition and fees, algebra homework help
The table lists the average annual cost of tuition and fees
at private 4-year colleges for selected years.
Year Tuition and Fees (in dollars)
1994 11,719
1996 13,994
1998 17,709
2000 16,233
2002 21,116
2004 24,101
2006 32,218
1. Given any two
data points with each consisting of the year and its corresponding tuition and
fees, describe in detail how you would find a linear function that models the
data shown in the table. Be sure to clearly define and interpret all components
involved in your model.
2. Determine a
linear function that models the data, where 0 x= represents 1994, and 1 x=
represents 1995, and so on. Use the points ( ) 0,11719 and( ) 12,32218 . Choose
two more combinations of points and use them to create two additional linear
functions that model the data. Record the three linear functions below.
Function 1:
Function 2:
Function 3:
3. How would you go about using these functions
to predict the average annual cost of tuition and fees for a future year?
Suppose you are in the marketing department for a college and you are trying to
determine which function to use to encourage future students attend your
college. Explore and state the messages that can be sent to prospective
students by each function.
4. Use all three functions to approximate
tuition and fees in 2035. State your results below. Next, choose the function
you would use to encourage prospective students and explain the reasoning
behind your choice.
Function 1:
Function 2:
Function 3:
Function of
choice:
Explanation:
Earn money selling
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