All of the following are true about time series methods except
a. they discover a pattern in historical data and project it into the future
b. they identify a set of related independent, or explanatory, variables.
c. they assume that the pattern of the past will continue into the future.
d. their forecasts are based solely on past values of the variable or past forecast errors.
b
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Maggie's Apparel Inc. is a store that offers customized shopping, whereby consultants pick clothing they feel will fit a customer's style and specified need. This scenario most likely illustrates _____
a. personal selling b. price-based selling c. seasonal marketing d. word-of-mouth marketing
Which of the following would be considered the firm's optimal capital structure?
A) Stock Price = $23, Earnings Per Share = $11, Cost of Equity Capital = 18% B) Stock Price = $24, Earnings Per Share = $12, Cost of Equity Capital = 17% C) Stock Price = $25, Earnings Per Share = $10, Cost of Equity Capital = 15% D) Stock Price = $20, Earnings Per Share = $12, Cost of Equity Capital = 20%
Inez contracted with Filippo Furnaces Co for the installation of a new furnace. Inez selected the furnace she wanted, accepting no suggestions from Filippo Furnaces' heating engineer. The furnace operated fine, but it did not heat the entire house. The
size of the blower on the furnace was too small to accommodate the third floor of the house. Inez sued Filippo Furnaces Co for the breach of the implied warranties of merchantability and fitness. What result?
Which of the following statements are true?
a. Three important themes run through the book: data analysis, decision making, and uncertainty. b. Data analysis includes data description, data inference, and the searching for relationships in data c. Decision making includes optimization techniques for problems with no uncertainty, decision analysis for problems with uncertainty, and structured sensitivity analysis. d. Dealing with uncertainty includes measuring uncertainty and modeling uncertainty explicitly into the analysis. e. All of these statements are true.