DEVRY BSOP 209 W EEK 2 Q UIZ L INEAR R EGRESSION, C ORRELATION, AND F ORECAST E RROR Check this A+ tutorial guideline at

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DEVRY BSOP 209 W EEK 2 Q UIZ L INEAR R EGRESSION, C ORRELATION, AND F ORECAST E RROR Check this A+ tutorial guideline at linear-regression-correlation-and-forecast-error For more classes visit 1. Question: (TCO 1) For a moving average forecast to be of any use to us, what assumption must be true? 2. Question: (TCOs 3 and 4) In a regression equation, what is y hat? 3. Question: (TCOs 1 and 2) Given the following data, calculate the two-year moving averages for years 5 through Question: (TCOs 3, 4 and 5) While conducting an accounting audit of their finished goods inventory, Farmer’s Market clerks were able to construct the following data one of their nonseasonal baskets. (a) Use trend projection to estimate the relationship between time and sales (state the equation). (b) Calculate forecasts for the first four months of the next year