
Tommy is a commercial crabber. To compare this years catch to last years catch, Tommy measured...
6.Use Exponential smoothing forecasts with alpha of 0.1, 0.2, ..., 0.9 to predict March 2019 demand. Identify the value of alpha that results in the lowest MAD. 7.Find the monthly seasonal indices for the demand values using Simple Average (SA) method. Find the de-seasonalized demand values by dividing monthly demand by corresponding seasonal indices. 8.Use regression to perform trend analysis on the de-seasonalized demand values. Is trend analysis suitable for this data? Find MAD and explain the Excel Regression output...
3. The table to the right shows the cost per ounce (in dollars) for a random sample of toothpastes exhibiting very good stain removal, goad stain removal, and fair stain removal. At α= 0.01, can you conclude that the mean costs per ounce are different? Perform a one-way ANOVA test by completing parts a through d. Assume that each sample is drawn from a normal population, that the samples are independent of each other, and that the populations have the...