Tornado forecasting can date back to 1948 where the first forecast was made by Capt. Robert C. Miller and Maj. Ernest J. Fawbush (Coleman‚ 567). This forecast was significant because of the Tinker Air Force Base tornadoes. Over a 5-day period in March of 1948‚ two tornadoes hit the base directly. They were the most destructive tornadoes to hit Oklahoma at that time. These two officers were able to pick up on the meteorological patterns and generate a forecast using a prognostic chart and weather
Premium Tropical cyclone Wind Hurricane Katrina
Wayne Huizenga Graduate School of Business and Entrepreneurship Nova Southeastern University Assignment for Course: QNT5040 – Business Modeling Submitted to: Submitted by: BASS Date of Submission: Title of Assignment: Electric Fan Case - Forecasting CERTIFICATION OF AUTHORSHIP: We certify that we the authors of this paper. Any assistance we received in its preparation is fully acknowledged and disclosed in the paper. We have also cited any sources from which we used data‚ ideas or words‚ either
Premium Average Mean absolute percentage error Exponential smoothing
Changing Personnel Profiles Kris Krumwiede HSM/220 – Human Services Administration: So You Want to Help People 4/28/2013 Veronica Cole The four steps that an organization should take when changing its personnel profile are as follows: 1. Project personnel needs 2. Plan for achieving the desired personnel profile 3. Implement changes necessary to achieve the plan’s goals and objectives 4. Monitor and evaluate the effects of changes
Premium Management Employment Pearson Education
(Kwik Trend Analysis) Measure Value Future Period Forecast Error Measures 9. 1‚362‚143. Bias (Mean Error) -0.0156 10. 1‚455‚952. MAD (Mean Absolute Deviation) 50‚773.7969 11. 1‚549‚762. MSE (Mean Squared Error) 3‚498‚808‚832. 12. 1‚643‚572. Standard Error (denom=n-2=6) 68‚301.3828 13. 1‚737‚381. Regression line 14. 1‚831‚191. Demand (y) = 517857.2 15. 1‚925‚000. + 93‚809.5234 * Time (x) 16. 2‚018‚810. Statistics 17. 2‚112‚619. Correlation coefficient 0.9642 18. 2‚206‚429. Coefficient
Premium Regression analysis Errors and residuals in statistics Linear regression
HSM Personal Leadership Plan The area of human services in which I would most like to work is with the homeless. Besides having my own personal experiences with homelessness‚ I think that it is an ongoing issue in the United States that needs community and governmental assistance. With the economy being in a state of recession‚ the rate of homelessness is continuing to increase with no sign of slowing down. People are losing their incomes leading them to losing their homes. While some are
Premium Homelessness Morality
Econometrics I Yarine Fawaz Exercises Econometrics: Set 1-Correction Computer exercises: 1) Use the data in SLEEP75.RAW from Biddle and Hamermesh (1990) to study whether there is a tradeoff between the time spent sleeping per week and the time spent in paid work. We could use either variable as the dependent variable. For concreteness‚ estimate the model sleep 0 1totwork u ‚ where sleep is minutes spent sleeping at night per week and totwrk is total minutes worked during the
Premium Library High school Education
Appropriate Forecasting Model Forecasting is done by monitoring changes that occur over time and projecting into the future. Forecasting is commonly used in both the for-profit and not-for-profit sectors of the economy. There are two common approaches to forecasting: qualitative and quantitative. Qualitative forecasting methods are especially important when historical data are unavailable. Qualitative forecasting methods are considered to be highly subjective and judgmental. Quantitative forecasting methods
Premium Regression analysis Statistics Errors and residuals in statistics
CASE 9-1: LOW NAIL COMPANY Question 1: Using the EOQ methods outlined in chapter 9‚ how many kegs of nails should Low order at one time? The EOQ formula is: EOQ = √ 2 (annual use in units) (cost of placing an order) / annual carrying cost per item per year = √ 2 (2000) (60) / 2 = √ 120‚000 = 345 kegs per order Note the 2 in the denominator. That is because‚ on average‚ the rented warehouse space is only half full‚ which‚ makes the average warehousing cost per keg be $2. Question 2: Assume
Premium Question Harshad number 175
In this work of ETH 125 Week 9 Discussion Question 1 you will find the next info: In his famous General Questions - General Academic Questions Week 9 DQ 1 • During his campaign for president‚ Barack Obama used the phrase “post-racial America‚” which was understood to mean that race and other identity groups would cease to be targets of prejudice. Although such tolerance has come a long way since the 1950s‚ what more could be done to bring us to a completely “post-racial” society
Premium United States Barack Obama Democratic Party
Goals and Objectives HSM 240 Knowing the difference between goals and objectives for an organization is an essential part of understating an organization as well as analyzing their services and programs. It is also important to decipher if those programs and policies are latent or manifest‚ or long-term or sort term goals and objectives. The Community Counseling Services organization does not seem to explain their goals and objectives clearly. When first visiting the website it is
Premium Management Strategic management Project management