Accuracy and Bias In general‚ a set of forecasts will be considered to be accurate if the forecast errors‚ that is‚ the set of et values which results from the forecasts‚ are sufficiently small. The next section presents statistics based on the forecast errors‚ which can be used to measure forecast accuracy. In thinking about forecast accuracy‚ it is important to bear in mind the distinction between error and noise. While related‚ they are not the same thing. Noise in the demand data is real and
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2643 Practice Final Exam MCQs 1. Chen has $50‚000 of his own money to invest. He has a margin loan available to add to this money to purchase Australian shares. The bank’s loan-to-value ratio (LVR) is 75%. How much does Chen have available to purchase a portfolio? A. $37‚500 B. $150‚000 C. $200‚000 D. $66‚667 2. A line of credit facility: A. does not have a debt limit B. does not require principal payments C. usually has an interest rate lower than the standard variable rate D. Statement
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Topic Proposals Social Problems: Spring 2014 Due Date: See course schedule Fill out the following form (see page 2) completely and turn in on or before the due date. Be as clear as possible: the primary purpose of this exercise is to make sure that you have a workable topic; I will not approve topics that I think are too broad‚ too narrow‚ are not sociological in focus‚ don’t address the assignment‚ etc. In other words‚ I’m trying to help you succeed on this project. In order to help
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The thirteenth‚ fourteenth and fifteenth amendments were measures taken by the American government to ensure equal right after the civil war. The thirteenth amendment was declared to abolish slavery. The fourteenth guaranteed equal protection for everyone and the fifteenth guaranteed equal voting rights regardless of race. Together these are known as the Civil War Amendments. To a certain extent these amendments had an impact because it presented blacks with many opportunities. Although the civil
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In the ANE‚ numerous tablet inscriptions and references exist‚ the oldest dating to ancient Babylon. Unfortunately‚ these references are general to an inscribed message. Authoritative references to tablets are less‚ and references to named tablets referred are rare. Research uncovered only five such tablets: the Covenant Tablet‚ the Tablet of Destinies‚ the Tablets with the Words of Fate‚ the Holy Tablet of the Heavenly Stars‚ and the Tablet of Wisdom. The first two tablet concepts graded highest
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Hello everyone‚ I’m the manager of the restaurant. First‚ I would like to say welcome to all of you. Today‚ as a part of the orientation program‚ my job is to make sure that all the new staffs‚ including chefs‚ kitchen hands and waiters are informed of the safety in workplace in the hospitality industry. I’ll also talk about the hazards you need to be careful of while working in a restaurant. Please put your hands up if you are under 24. One‚ two…there’re four of you! Did you know that Hospitality
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Wealth does not bring happiness True or false? Nowadays happiness is a very popular word but each of us can define "happiness" differently. Some people argue that without wealth you can not be happy. Which one‚ of us‚ hasn’t dreamed of “money piles”‚ beautiful houses‚ cars and other things like that? But if we could somehow get all this‚ would we really want it? Can we then finally be happy? It is undoubtedly true‚ that people with money have beautiful things and they are usually admired
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are “the best use of his time and money.” Which is a token of generosity on her part‚ because Algernon has no wealth of his own; by extension of that notion‚ none of the young aristocrats have acquired wealth by their own means‚ because they have each received a large inheritance from the older generation. Even Jack Worthing‚ who is understood to be the poorest of the bunch‚ has his wealth tied into property via a sprawling manor house in the countryside. To escape from city life‚ Algernon decides
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Wealth/Poverty/Social Class The question of the United States national budget and any resolutions to this dire struggle are deeply rooted in the controversial ideas presented by Thomas Malthus in an excerpt‚ “An Essay on the Principle of Population” that states‚ “… in every society in which the population increases it will eventually produce more people than it can feed‚ thereby condemning a certain percentage of the population to live beneath the subsistence level” (324). The idea that
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Filipe Moura 9/17/12 Principles of Management Marsh‚ Jeffrey The Wealth of Nations and Industrial Revolutionary Along the time‚ many things have changed in the world. People today see the world with the complete different vision from 100 or 50 years ago. The world’s economy has changed‚ the technology has had a big jump in these last centuries‚ laws have changed in some places‚ and people have made history and broke down the barriers. One important person‚ who has changed the history of
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