Response:
MAD value comes out to be 3.
Detailed Breakdown:
The given sales forecasts for the last four months are 5, 6, 11, and 12 units.
To calculate the Mean Absolute Deviation (MAD) for these forecasts:
The average of the forecasts across four months is
.
Thus, the total of absolute differences between the forecast values and the average is = |5 - 8.5| + |6 - 8.5| + |11 - 8.5| + |12 - 8.5| = 3.5 + 2.5 + 2.5 + 3.5 = 12.
Hence, the MAD value will be =
(Final Answer)
The expected loss is $1.83. Step-by-step explanation: The average value for each ticket is calculated as... ($100 + 5($20)) / 1200 = $200 / 1200 ≈ $0.1667 ≈ $0.17. Since purchasing a ticket costs $2.00, your anticipated value becomes... -$2.00 + 0.17 = -$1.83, leading to a loss of $1.83.
Answer:
Error made by Andrew: He identified incorrect factors based on the roots.
Step-by-step explanation:
The roots of the polynomial consist of: 3, 2 + 2i, 2 - 2i. By the factor theorem, if a is a root of the polynomial P(x), then (x - a) must be a factor of P(x). According to this premise:
(x - 3), (x - (2 + 2i)), (x - (2 - 2i)) represent the factors of the polynomial.
<pBy simplification, we obtain:
(x - 3), (x - 2 - 2i), (x - 2 + 2i) as the respective factors.
This is where Andrew's mistake occurred. Factors should always be in the form (x - a), not (x + a). Andrew expressed the complex factors incorrectly, resulting in an erroneous conclusion.
Thus, the polynomial can be expressed as:

Answer:
A Type II error occurs when the null hypothesis is not rejected, even when the alternative hypothesis is actually valid.
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The implication is that the new method may be dismissed or altered despite it being a real enhancement.
Step-by-step explanation:
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Answer:
$786
Step-by-step explanation:
50, 60, 72
calculate the variance between the earnings from the first and second hours to obtain 10.
determine the difference between the second and third hours, resulting in 12.
it becomes clear that these differences are consistently increasing in even numbers starting from 10, such as 10, 12, 14, 16, 18, 20, 22, 24, 26, 28....etc
to compute the total income over the 24 hours, continue adding the next even number until the 24th hour
the total will be $786.