Statistics - Time series equation - non-linear trend
Not what you're looking for?
Mabel's is open from 8AM til 2 PM to serve breakfast and lunch
Her accountant has said that he can take the number of customers
over the last three years and predict the volume for the next year
Year Time Period Customers
2003 8-10 1200
10-12 1412
12-2 1810
2004 8-10 1320
10-12 1520
12-2 2102
2005 8-10 1530
10-12 1670
12-2 2310
2006 8-10 ?
10-12 ?
12-2 ?
Demonstrate how you can do this and estimate the error that will be involved.
Please show work
Purchase this Solution
Solution Summary
The solution to the posted problem is given with every detailed step and explanation so that the student could easily understand the procedure and use this solution to solve other similar problems.
Solution Preview
The predicted no. of customers for the time-period 8 - 10 during the year 2006 is ...
Purchase this Solution
Free BrainMass Quizzes
Measures of Central Tendency
This quiz evaluates the students understanding of the measures of central tendency seen in statistics. This quiz is specifically designed to incorporate the measures of central tendency as they relate to psychological research.
Terms and Definitions for Statistics
This quiz covers basic terms and definitions of statistics.
Know Your Statistical Concepts
Each question is a choice-summary multiple choice question that presents you with a statistical concept and then 4 numbered statements. You must decide which (if any) of the numbered statements is/are true as they relate to the statistical concept.
Measures of Central Tendency
Tests knowledge of the three main measures of central tendency, including some simple calculation questions.