COMMERCE 3QA3 Study Guide - Midterm Guide: Pearson Education, Prentice Hall, Time Series

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11. 1 chapter questions: consider the following data that was fitted using a linear trend. What is the forecast for period 8: 13. 714, 14. 714, 15. 714, 16. 714, 15. 75. Aacsb: analytic skills: which of the following is considered to be a category of forecasting models, qualitative, time-series, causal models, both a and b, a, b, and c. 1: which of the following is not a qualitative method of forecasting, delphi method, trend analysis, jury of executive opinion, sales force composition, consumer market survey. Difficulty: easy: which of the following is not considered to be a time-series method of forecasting, simple linear regression, moving average, exponential smoothing, seasonality analysis, multiplicative/additive decomposition. 2: consider the following data that was fitted using a linear trend. The intercept of the trend line is 8. 714, and the slope is 0. 75. What is the forecast error for period 7: 1. 036, 8, 2. 37, 5. 714, 4. 75. 3: consider the following data and excel output for a simple linear regression model.