The demand for a product for the last six years has been 15, 15, 17, 18, 20, and 19. the manager wants to predict the demand for this time series using the following simple linear trend equation: trt = 12 + 2t. what are the forecast errors for the 5th and 6th years?

Answer and explanation:

Given : The demand for a product for the last six years has been 15, 15, 17, 18, 20, and 19. The manager wants to predict the demand for this time series using the following simple linear trend equation :

To find : What are the forecast errors for the 5th and 6th years?

Solution :

Data : 15, 15, 17, 18, 20, and 19.

The simple linear trend equation is given as,

For t = 5 years

Observed

Predicted

Forecast error = Observed – Predicted = 20 – 22 = -2

Absolute forecast error = |-2| = 2 .

For t = 6 years

Observed

Predicted

Forecast error = Observed – Predicted = 19 – 24 = -5

Absolute forecast error = |-5| = 5.

the inequality is:

250c+180g≥950

step-by-step explanation:

let c denotes the number of days in a week   miyoko worked as a cryptographer.

and g denotes the number of days in a week she works as a geologist.

now we are given that she earns $250 for every day she works as a cryptographer,and earns $180 for every day she works as a geologist.

now miyoko's goal is to earn more than $950 this week.

hence, the inequality could be represented as:

250c+180g≥950

answer: sorry i can't you.

step-by-step explanation: