Define what a MAPE (mean absolute percentage error) is. What is gross profit percentage? What is the rate of technical substitution (RTS) q=7K+3L How many companies these days are data-driven? What percentage of the food market is made up of millennials? What is current ratio in business...
A study of accountants and engineers completed by Frederick Herzberg resulted in what is known as two-factor theory. Herzberg theorized that there are two types of factors that are responsible for our What are the differences between moving averages, weighted ...
This research section is dedicated to Phase I of the "data selection process." This step identifies the “best” UOM to consider when using relative location variables in valuation forecasts. Depending on how the relative location between Bjand POIkis assessed, the regressors will produce a differ...
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Parameters estimated by weighted least squares produced bad fits. The question is whether the fit can be improved by maximizing likelihood or using some alternative objective function. The concepts of likelihood, likelihood function, and maximum likeliho
a. What does "least-squares estimates" mean? What is being estimated? What is being squared? In what sense are the squares "least"? R2 R2 Coefficient of Determination: The coefficient of determination shows the relationship between explanatory and ex...
Exponential Smoothing is a technical analysis approach applied in forecasting future outcomes based on historical data. Exponential smoothing relies on the most recent data and is most useful where data used does not depict a ...
E) Premonitions Corporate Planning Most large companies develop strategic plans and operational plans to lay out their upcoming goals and benchmarks. These plans are then used to develop budgets, which are the financial goals for both the sho...
MAPE d. Bias e. MAD Limited problem-solving decision process: a. is engaged in when the decision is of a high-risk nature. b. is engaged in when the decision is of a high uncertainty. c. is more likely to happen when a hedonic need is being satisfied. d....
a.) What is this year's forecast using a three-year moving average? b.) What is this year's forecast using a three-year weighted moving average, where the weighs are .5, .3, .2? c.) What is this year's forecast...