The following table shows actual sales and two forecasts for the past two periods. Compare the forecast errors between Forecast 1 and Forecast 2, which forecast has a larger bias?
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When applying simple exponential smoothing, simple moving av…
When applying simple exponential smoothing, simple moving average, or weighted moving average methods, we assume that no trend is present. If a clear trend exists, these models are likely to produce underestimates or overestimates.
You’ve made a forecast using a simple exponential smoothing…
You’ve made a forecast using a simple exponential smoothing model based on past sales from 100 periods. By minimizing rMSE between your forecast and actual sales data, you can find the optimal value for alpha. Suppose there is a large shock to your actual sales and the shock happened in period 50: how would you anticipate this affecting the newly optimal value of alpha?
What does the term ‘singularity’ refer to in the context of…
What does the term ‘singularity’ refer to in the context of AI?
With improved machinery and production practices, farmers ca…
With improved machinery and production practices, farmers can now use less energy in production. How this may affect the market equilibrium for agricultural products?
Which one below is correct? Capture3.PNG
Which one below is correct? Capture3.PNG
What economists assume rational consumers seek to maximize?
What economists assume rational consumers seek to maximize?
Transform sentence b into a relative clause and integrate it…
Transform sentence b into a relative clause and integrate it into the a clause. Do not forget the commas at the beginning and the end of the relative clause and the period at the end of the sentence. Example: a) Wir haben Kristinas Freund geholfen. b. Er ist gestern angekommen. – Wir haben Kristinas Freund, der gestern angekommen ist, geholfen, —————————– a. Ich habe Anna gesehen. b. Andreas hat sich in Anna verliebt.
Transform sentence b into a relative clause and integrate it…
Transform sentence b into a relative clause and integrate it into the a clause. Do not forget the commas at the beginning and the end of the relative clause and the period at the end of the sentence. Example: a) Wir haben Kristinas Freund geholfen. b. Er ist gestern angekommen. – Wir haben Kristinas Freund, der gestern angekommen ist, geholfen, —————————– a. Er nimmt die Wohnung. b. Ich habe ihm die Wohnung gezeigt.
You want to ask someone for help. Check all the sentences be…
You want to ask someone for help. Check all the sentences below that express your request in a polite way.