TABLE 16-11
Business Closures in Laramie, Wyoming from 1989

question 114

Short Answer

TABLE 16-11
Business closures in Laramie, Wyoming from 1989 to 1994 were:
$$\begin{array} { l l } 1993 & 10 \\1994 & 11 \\1995 & 13 \\1996 & 19 \\1997 & 24 \\1998 & 35\end{array}$$ Microsoft Excel was used to fit both first-order and second-order autoregressive models, resulting in the following partial outputs:
$\text {SUMMARY OUTPUT - 2\(^ { \text {nd } }\)Order M odel}$
$\text {Coefficients}$
$\begin{array}{ll}\text { Intercept } & -5.77 \\\text { X Variable } 1 & 0.80 \\\text { X Variable 2 } & 1.14\end{array}$

$\text {SUMMARY OUTPUT - st Order Model \(^ { \text {st } }\) OP}$
$\text {Coefficients}$
$\begin{array}{cc}\text { Intercept } & \mathbf{- 4 . 1 6} \\\text { XVariable } 1 & 1.59\end{array}$
-Referring to Table 16-11, the value of the MAD for the second-order autoregressive model is ____.

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Definitions:

Scientific Evidence

Information that has been systematically collected and analyzed according to scientific methods to establish facts or principles.

Meta-Analysis

A statistical technique that combines the results of multiple scientific studies to identify patterns, increase power, or resolve uncertainty.

Replication

The process of duplicating or reproducing scientific research to verify its findings.

National Rate

A statistical measure that represents a specific activity or occurrence across an entire country, often expressed per unit of population.