Exam 15: Time-Series Forecasting and Index Numbers

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The ratios of "actuals to moving averages" (seasonal indexes)for a time series are presented in the following table as percentages: The ratios of actuals to moving averages (seasonal indexes)for a time series are presented in the following table as percentages:   The initial estimate of the seasonal index for Q<sub>1</sub> is ___. The initial estimate of the seasonal index for Q1 is ___.

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Analysis of data for an autoregressive forecasting model produced the following tables: Analysis of data for an autoregressive forecasting model produced the following tables:     The results indicate that ___. Analysis of data for an autoregressive forecasting model produced the following tables:     The results indicate that ___. The results indicate that ___.

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Because seasonal effects can confound trend analysis, it is important to make sure that the data is free of seasonality prior to using regression models to analyze trend.

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A time series with forecast values is presented in the following table: A time series with forecast values is presented in the following table:   If the mean absolute deviation (MAD)is 257, then a = ______. If the mean absolute deviation (MAD)is 257, then a = ______.

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Often, index numbers are expressed as ___.

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Which of the following is not a component of time series data?

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Using a three-month moving average (with weights of 5, 3, and 1 for the most current value, next most current value and oldest value, respectively), the forecast value for November in the following time series would be ___. Using a three-month moving average (with weights of 5, 3, and 1 for the most current value, next most current value and oldest value, respectively), the forecast value for November in the following time series would be ___.

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Fitting a linear trend to 36 monthly data points (January 2017 = 1, February 2017 = 2, March 2017 = 3, etc.)produced the following tables: Fitting a linear trend to 36 monthly data points (January 2017 = 1, February 2017 = 2, March 2017 = 3, etc.)produced the following tables:     The projected trend value for January 2020 is ___. Fitting a linear trend to 36 monthly data points (January 2017 = 1, February 2017 = 2, March 2017 = 3, etc.)produced the following tables:     The projected trend value for January 2020 is ___. The projected trend value for January 2020 is ___.

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Two popular general categories of smoothing techniques are exponential models and logarithmic models.

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A time series with forecast values and error terms is presented in the following table.The mean error (ME)for this forecast is ___. A time series with forecast values and error terms is presented in the following table.The mean error (ME)for this forecast is ___.

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The following graph of a time-series data suggests a ___ trend. The following graph of a time-series data suggests a ___ trend.

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Using a three-month moving average, the forecast value for October made at the end of September in the following time series would be ___. Using a three-month moving average, the forecast value for October made at the end of September in the following time series would be ___.

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A time series with forecast values and error terms is presented in the following table.The mean absolute deviation (MAD)for this forecast is ___. A time series with forecast values and error terms is presented in the following table.The mean absolute deviation (MAD)for this forecast is ___.

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The forecast value for August was 12 and the actual value turned out to be 5.Using exponential smoothing with α\alpha = 0.20, the forecast value for September would be ___.

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Autocorrelation in a regression forecasting model can be detected by the F test.

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What is the forecast for the Period 7 using a 3-period moving average technique, given the following time-series data for six past periods? What is the forecast for the Period 7 using a 3-period moving average technique, given the following time-series data for six past periods?

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A time series with forecast values and error terms is presented in the following table.The mean squared error (MSE)for this forecast is ___. A time series with forecast values and error terms is presented in the following table.The mean squared error (MSE)for this forecast is ___.

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Using 2019 as the base year, the 2018 value of the Paasche Price Index is ___.(Quantities are averages for the student body.) Using 2019 as the base year, the 2018 value of the Paasche Price Index is ___.(Quantities are averages for the student body.)

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Using a three-month moving average, the forecast value for November in the following time series would be ___. Using a three-month moving average, the forecast value for November in the following time series would be ___.

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Typically, the denominator used to calculate an index number is a measurement for the ___ period.

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