At $007 Per Kilowatt-Hour, the Equation $A = 0.07 t$ Determines the Amount

question 328

Multiple Choice

At $0.07 per kilowatt-hour, the equation $A = 0.07 t$ determines the amount, $A$ , of an electric bill for $t$ hours. Identify the correct table of values.

• A) Hours, t 693 716 736 773 789 Dollars and cents, A 47.85 50.66 52.08 54.97 55.05
• B) Hours, t 693 716 736 773 789 Dollars and cents, A 48.18 50.93 52.36 55.40 55.14
• C) Hours, t 693 716 736 773 789 Dollars and cents, A 48.51 50.12 51.52 54.11 55.23
• D) Hours, t 693 716 736 773 789 Dollars and cents, A 48.84 51.20 52.64 55.83 55.32
• E) Hours, t 693 716 736 773 789 Dollars and cents, A 47.52 50.39 51.80 54.54 54.96

Comprehend the significance of selecting appropriate smoothing parameters in exponential smoothing.

Understand the basic concepts of time series analysis including its definition and components.

Distinguish between the different types of moving averages.

Identify and explain the four components of time series: trend, cyclical, seasonal, and random variations.