Exam 16: Time-Series Analysis and Forecasting
Exam 1: Describing Data: Graphical247 Questions
Exam 2: Describing Data: Numerical326 Questions
Exam 3: Probability345 Questions
Exam 4: Discrete Random Variables and Probability Distributions257 Questions
Exam 5: Continuous Random Variables and Probability Distributions239 Questions
Exam 6: Sampling and Sampling Distributions147 Questions
Exam 7: Estimation: Single Population151 Questions
Exam 8: Estimation: Additional Topics109 Questions
Exam 9: Hypothesis Testing: Single Population164 Questions
Exam 10: Hypothesis Testing: Additional Topics103 Questions
Exam 11: Simple Regression217 Questions
Exam 12: Multiple Regression252 Questions
Exam 13: Additional Topics in Regression Analysis168 Questions
Exam 14: Analysis of Categorical Data241 Questions
Exam 15: Analysis of Variance192 Questions
Exam 16: Time-Series Analysis and Forecasting138 Questions
Exam 17: Additional Topics in Sampling110 Questions
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THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION:
The table below is the data set of the Shiller Real Home Price Index for the years 1894-1904.
Use a smoothing constant of α = 0.8 to determine the forecasts using simple exponential smoothing.
-The time-series model Xt = Tt × St × Ct × It is used for forecasting,where Tt,St,Ct,and It are respectively the trend,seasonal,cyclical,and irregular components of the time series,and Xt is the value of the time series at time t.The following estimates are obtained:
t = 125,
t = 0.92,
t = 1.04,and
= 0.90.The model will produce a forecast of:
(Multiple Choice)
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THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION:
The table below is the data set of the Shiller Real Home Price Index for the years 1894-1904.
Use a smoothing constant of α = 0.8 to determine the forecasts using simple exponential smoothing.
-Determine the forecast for the year 1901.
(Multiple Choice)
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THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION:
The table below is the data set of the number of preorders received for a particular game on a weekly basis.
The forecaster uses the Holt-Winters Exponential Smoothing for nonseasonal series to forecast the number of preorders in future time periods.
He uses α = 0.8 and β = 0.5.(Hint: Use the formula from the text to arrive at the answers. )
-The Holt-Winters exponential smoothing procedure:
(Multiple Choice)
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THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION:
The table below is the quarterly data of the Shiller Real Home Price Index.To remove the seasonality a centered 4-point moving average is used.
-Determine the value of
.
(Multiple Choice)
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THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION:
The table below is the data set of the Shiller Real Home Price Index for the years 1894-1904.
Use a smoothing constant of α = 0.8 to determine the forecasts using simple exponential smoothing.
-The number of four-period centered moving averages of a time series with 20 time periods is:
(Multiple Choice)
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THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION:
The table below shows the corporate earnings percentage of an enterprise for 5 years.
The company's forecaster uses the 4-period centered moving average to remove the seasonality component.
-What is the seasonal index for quarter 4?
(Multiple Choice)
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THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION:
The table below shows the quarterly sales of a particular kind of vaccine for dogs.The forecaster uses autoregressive models with p = 3 to forecast the sales for future time periods.
-What is the error term that corresponds to the 1st quarter in year 5?
(Multiple Choice)
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If x1,x2,x3,... ,xn are n observations of a time series of interest,a smoothed series can be obtained by using a simple centered 2(m + 1)-point moving average formula:
= 2m + 1
(t = m + 1,m + 2,... ,n - m).
(True/False)
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THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION:
The table below is the data set of the Shiller Real Home Price Index for the years 1894-1904.
Use a smoothing constant of α = 0.8 to determine the forecasts using simple exponential smoothing.
-We calculate the three-period moving averages for a time series for all time periods except the:
(Multiple Choice)
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THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION:
The table below shows the quarterly sales of Dragon Ball Z action figures in a toy store.The forecaster uses the double exponential smoothing model to determine the forecast for future periods.
Given: α = 0.7 and β = 0.3
-What is the value of the mean absolute percentage error?
(Multiple Choice)
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THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION:
The table below is the data set of the Shiller Real Home Price Index for the years 1894-1904.
Use a smoothing constant of α = 0.8 to determine the forecasts using simple exponential smoothing.
-What is the value of the sum of squared forecast errors?
(Multiple Choice)
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THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION:
The table below is the data set of the Shiller Real Home Price Index for the years 1894-1904.
Use a smoothing constant of α = 0.8 to determine the forecasts using simple exponential smoothing.
-Which of the following years has the forecast value 98.44?
(Multiple Choice)
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THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION:
The table below shows the corporate earnings percentage of an enterprise for 5 years.
The company's forecaster uses the 4-period centered moving average to remove the seasonality component.
-Determine the seasonal index for quarter 1.
(Multiple Choice)
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THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION:
The table below shows the quarterly sales of a particular kind of vaccine for dogs.The forecaster uses autoregressive models with p = 3 to forecast the sales for future time periods.
-The error term that corresponds to the 3rd quarter in year 6 is:
(Multiple Choice)
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THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION:
The data values in the table below show quarterly sales of a corporation over a period of six years.
-Some people consider moving averages and exponential smoothing to be very much alike.Not only are they used as predictors,but also their methodology has similarities.What do you think?
(Essay)
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The location in time of the members of the series of moving averages corresponds precisely with that of the members of the original series.
(True/False)
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Which of the following components in the time series is more likely to exhibit the relative steady growth of the population of Egypt from 1959 to 2009?
(Multiple Choice)
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THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION:
The table below shows the quarterly sales of Dragon Ball Z action figures in a toy store.The forecaster uses the double exponential smoothing model to determine the forecast for future periods.
Given: α = 0.7 and β = 0.3
-The sales forecast for the 4th quarter of year 8 is approximately ________ in 000's.
(Multiple Choice)
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THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION:
The table below is the data set of the Shiller Real Home Price Index for the years 1934-1944.
-Show the calculations of the sum of squared errors.
(Essay)
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THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION:
The table below is the data set of the number of preorders received for a particular game on a weekly basis.
The forecaster uses the Holt-Winters Exponential Smoothing for nonseasonal series to forecast the number of preorders in future time periods.
He uses α = 0.8 and β = 0.5.(Hint: Use the formula from the text to arrive at the answers. )
-The method of moving averages is used to:
(Multiple Choice)
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