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- Explain how you will predict as accurately as possible the new supply of housing in your city for the next five years.Compare the variability of expenditure of families in two town as given below: Expenditure (Rupees) Number of Families Town A Town B 3000-4000 4 6 4100-5000 65 52 5100-6000 138 140 6100-7000 130 122 7100-8000 32 60 8100-9000 7 2The number of hospitals in the United States has been declining for many years. In 1990, there were 6155 hospitals; but in 2010, there were only 4985. Assuming that this trend is linear, use t (years since 2000) and N (number of hospitals in the United States). According to your model, what is the number of hospitals in the United States in 2016? {Your final answer will be number only}
- 10 Dr. Lillian Fok, a New Orleans psychologist, specializes in treating patients who are agoraphobic (i.e., afraid to leave their homes). The following table indicates how many patients Dr. Fokh each year for the past 10 years. It also indicates what the robbery rate was in New Orleans during the same year: ! 1 F1 A 1 option Year Number of Patients Robbery Rate per 1,000 Population The simple linear regression equation that shows the best relationship between the number of patients and the robbery rate is (round your responses to three decimal places): ŷ=0+0x N @ 2 W S X command A where y Number of Patients and x = Robbery Rate. In year 11, if the robbery rate increases to 133.40, using trend analysis, the number of patients Dr. Fok will see = patients (round your response to two decimal places). In year 11, if the robbery rate decreases to 90.6, using trend analysis, the number of patients Dr. Fok will see = patients (round your response to two decimal places). #3 80 F3 E D $ 4 C 888…Badgers are being monitored to ensure that their population is healthy and growing. Use Microsoft Excel's =TREND and =SLOPE functions and the following data to calculate your answer to the questions: Year 2010 = Population 12900 ; 2011 = 13300 ; 2012 = 19600 ; 2013 = 19200 ; 2014 = 21300 ; 2015 = 23200. a) Given the data above, and assuming a stable environment, what will the population be in the year 2018? (rounded to the nearest whole number, no commas). b) How fast is their population growing per year? (rounded to the nearest whole number, no commas)The Oceanside Hotel is adjacent to City Coliseum, a 24,000-seat arena that is home to the city’s professional basketball and ice hockey teams and that hosts a variety of concerts, trade shows, and conventions throughout the year. The hotel has experienced the following occupancy rates for the nine years since the coliseum opened: Year 1 2 3 4 5 6 7 8 9 Occupancy Rate 75% 70% 72% 77% 83% 81% 86% 91% 87% Compute an exponential smoothing forecast with α = 0.20, an adjusted exponential smoothing forecast with α = 0.20 and β = 0.20, and a linear trend line forecast. Compare the three forecasts using MAD and average error (?̅), and indicate which forecast seems to be most accurate.
- Imagine a vending machine that would charge more for hot drinks—coffee, tea, and cocoa—during cold weather. What is your opinion of a temperature-sensitive vending machine? Consumers who live in colder climates might pay more over a longer time period each year than consumers who live in warmer climates. Would your opinion change if alternatives were nearby, such as a convenience store or a vending machine that is not temperature-sensitive? Do you think such a machine would be successful? Why or why not?A random sample of 10,000 customers was selected over a six month period. The data provides information on their current status with the bank as well as 12 additional attributes describing their demographic and banking information. what are the key predictors the bank should be aware of with their customers? Examples are included, but not limited to:Are female customers leaving more than males? Is there indication of customer departures associated with specific countries?Is there evidence of salary associated departures? what is an appropiate marketing strategy to attract and retain long term customersTodd's Direct, a major TV sales chain headquartered in New Orleans, is about to open its first outlet in Mobile, Alabama, and wants to select a site that will place the new outlet in the center of Mobile's population base. Todd examines the seven census tracts in Mobile, plots the coordinates of the center of each from a map, and looks up the population base in each to use as a weighting. The information gathered appears in the following table. Census Tract Population in Census Tract X, Y Map Coordinates 101 2,100 (26,44) 102 5,200 (25,24) 103 10,500 (57,42) 104 7,200 (52,18) 105 10,400 (80,48) 106 18,000 (68,22) 107 14,000 (84,22)
- The purpose of the Maricopa Association of Governments (MAG) is to achieve which of the following? It is a charter government association for the county. It is an organization that receives state funds for county projects. It is a group that meets to collaborate on project ideas. It is the largest Council of Government (COG) in Arizona and is a regional planning agency for funds received from the federal government.Using the tax table in Exhibit 4-6, determine the amount of taxes for the following situations: a. A head of household with taxable income of $70,861. b. A single person with taxable income of $70,161. c. A married person filing a separate return with taxable income of $70,451.Due to inflation in Australia in December 2019, the price for petrol increased from AUD1.35 to AUD 1.45. This caused petrol consumption to decrease from 2500 liters to2450 liters at a 7-Eleven Petrol Station in Sydney.Also, when the price for Hyundai 7.5kW Inverter Split System Air Conditioner (ReverseCycle) increased from AUD 950.00 to AUD 990.00; demand for these air conditionersfell from 2500 units to 2000 units.Following this condition, answer the questions below.i. Using the mid-point formula calculate the price elasticity of demand for petroland Hyundai 7.5kW Inverter Split System Air Conditioner (Reverse Cycle).ii. Is the price elasticity of demand: elastic, unit elastic, or inelastic for eachcommodity (petrol and Hyundai 7.5kW Inverter Split System Air Conditioner(Reverse Cycle)? iii. Suppose the government decides to increase tax for petrol and Hyundai 7.5kWInverter Split System Air Conditioner (Reverse Cycle). Use two diagrams toexplain the incidence of the tax increase for…