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In one-way ANOVA,the amount of total variation that is unexplained is measured by the:

A) sum of squares for treatments.
B) degrees of freedom.
C) total sum of squares.
D) sum of squares for error.

On Jun 29, 2024


D
SC

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Setting k = 3,determine the simple moving average forecast for the year 2001.

On Jun 27, 2024


Year 2001 forecast = (126.2995915 + 119.4819042 + 113.0744612)/3 = 119.6186523 ≈ 120.
SC

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In reference to the equation: In reference to the equation:   , the value -0.80 is the y-intercept. , the value -0.80 is the y-intercept.

On May 29, 2024


True
SC

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As a source of income after retirement, Ian Donnelly sells an assortment of hard-to-find, specialty hardware items out of his home. Ian buys a pair of small "ratchet-style" pruning clippers for $15 each and sells them for $45 each. What is the markup percent based on selling price?

On May 27, 2024


$45 - $15 = $30 dollar markup;
$30 ¸ $45 = 0.667 = 66.7% markup percent based on selling price
SC

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The process of collection,organization,and description of data is called ________.

A) predictive statistics
B) statistical inference
C) descriptive statistics
D) decision modeling

On May 26, 2024


C