Question

Consider this table and graph showing the value of crustacean exports over an
eight-year period.

a. In which two years were there spikes? (Level 1, Sta3.2.1.14)
b. Calculate the moving means of order 3 for this data. (Level 2, Sta3.2.2.3)
c. Draw the moving mean graph. (level 3, Sta3.2.3.2)

1. Consider this table and graph showing the value of crustacean exports over an eight-year period. Year Value of exports (Sm

0 0
Add a comment Improve this question Transcribed image text
Answer #1

(a) 1986/87 and 1991/92

(b)

Period Demand Forecast
Period 1 79.2
Period 2 85.5
Period 3 108.3
Period 4 89 91
Period 5 73.7 94.26667
Period 6 84.9 90.33333
Period 7 87.4 82.53333
Period 8 117.9 82

(c) The graph is:

Forecasting 140 120 100 80 Value 60 40 20 0 1 2 3 4 5 6 7 8 Time Demand Forecast

Add a comment
Know the answer?
Add Answer to:
Consider this table and graph showing the value of crustacean exports over an eight-year period. a....
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
  • The following table shows data on a hypothetical country's real GDP from 1980 through 1988:

    The following table shows data on a hypothetical country's real GDP from 1980 through 1988:YearReal GDP(Billions of Dollars)198046019814751982480198349019845101985515198650519875001988505The green line on the following graph shows the economy's long-term growth trend.Use the blue points (circle symbol) to plot the real GDP in each of the years listed. (Note: Plot your points in the order in which you would like them connected. Line segments will connect the points automatically.) Next, place the black point (plus symbol) on the graph to indicate the...

  • Year Poverty Rate 1986 10.9 1987 10.7 1988 10.4 1989 10.3 1990 10.7 1991 11.5 1992...

    Year Poverty Rate 1986 10.9 1987 10.7 1988 10.4 1989 10.3 1990 10.7 1991 11.5 1992 11.9 1993 12.3 1994 11.6 1995 10.8 1996 11 1997 10.3 1998 10 1999 9.3 2000 8.7 2001 9.2 2002 9.6 2003 10 2004 10.2 2005 9.9 2006 9.8 2007 9.8 2008 10.3 2009 11.1 According to the Census Bureau, the number of people below the poverty level has been steadily increasing (CNN, September 16, 2010). This means many families are finding themselves there...

  • A. Use a 3-year moving average to forecast the quantity of fish for the years 1983 through 2006 for these data...

    A. Use a 3-year moving average to forecast the quantity of fish for the years 1983 through 2006 for these data. Compute the error of each forecast and then determine the mean absolute deviation of error for the forecast. B. Use exponential smoothing and a = 0.2 to forecast the data through 2006. Let the forecast for 1981 equal the actual value for 1980. Compute the error of each forecast and then determine the mean absolute deviation of error for...

  • The ozone dataset gives a sample of ozone measurements (in partial pressures) taken over the South...

    The ozone dataset gives a sample of ozone measurements (in partial pressures) taken over the South Pole on September 18, 1997 at altitudes above 10km. (IF POSSIBLE INCLUDE R CODES FOR EACH QUESTION) mPa: 1.828, 2.652, 3.307, 3.855, 4.021, 4.173, 4.316, 4.951, 4.787, 4.554, 4.333, 4.039, 4.48, 4.739, 4.791, 5.213, 5.75, 5.79, 5.656, 5.464, 5.092, 3.135, 2.754, 3.14, 5.213, 5.831, 5.736, 5.333, 4.797, 6.704, 6.493, 5.746, 6.31, 6.53, 6.63, 6.071, 5.706, 4.951, 4.392, 4.619, 5.029, 5.302, 5.151, 3.474, 3.285, 3.232,...

  • I need Summary of this Paper i dont need long summary i need What methodology they used , what is the purpose of this p...

    I need Summary of this Paper i dont need long summary i need What methodology they used , what is the purpose of this paper and some conclusions and contributes of this paper. I need this for my Finishing Project so i need this ASAP please ( IN 1-2-3 HOURS PLEASE !!!) Budgetary Policy and Economic Growth Errol D'Souza The share of capital expenditures in government expenditures has been slipping and the tax reforms have not yet improved the income...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT