Question
In a time-series forecasting problem, if the
seasonal indices for quarters 1, 2, and 3 are 0.80, 0.90, and 0.95 respectively. What can you say about the seasonal index of quarter 4?Solution
The seasonal indices must sum to 4, since there are 4 quarters. .80 + .90 + .95 = 2.65, so the seasonal index for the 4 th quarter must be 1.35 so B is the correct answer.
Every Saturday morning you like driving out to the apple orchard and purchasing right from the farmer. This purchasing form is considered:
Competition between very dissimilar types of retail outlets that carry some of the same kind of merchandise is referred to as:
All of the following are critical aspects that need to be included to ensure a social media strategy is successful, except:
Krish wants to buy a new HD TV and has begun talking with his friends to learn more about the various brands of high-definition big screen televisions a...
PixaBay allows consumers to download pictures for free or download it for a donation the consumer set themselves. This type of pricing is referred to as:
A diamond shop that only carries diamonds, could be best classified as a(n):
In comparison between face-to-face communications and telephone or e-mail communications, face-to-face has a ___________ level of media richness.
Which of the following explains a person's consistent behaviour or response to recurring situations?
Breadth of product line refers to ______ a store carries.
All of the below are considered basic techniques of exploratory research except:
