Calculate Three Forecasts Using the Following Data

question 53

Essay

Calculate three forecasts using the following data.First,for periods 4 through 10,develop the exponentially smoothed forecasts using a forecast for period 3 (F3)of 120.0 and an alpha of 0.3.Second,calculate the three-period moving-average forecast for periods 4 through 10.Third,calculate the weighted moving average for periods 4 through 10,using weights of .60,.30,and .10.Calculate the mean absolute deviation (MAD)and the cumulative sum of forecast error (CFE)for each forecasting procedure.Which forecasting procedure would you select? Why?

Recognize theories explaining the learning of deviant behavior through social interactions and their implications on deviance.

Analyze the impact of labeling on individuals, particularly in mental health contexts.

Evaluate the influence of peer associations on deviant behaviors and substance abuse.

Understand perspectives that critique societal power structures and their relationship with deviance, using examples of corporate deviance versus individual survival acts.

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Definitions:

Performance

The act of carrying out a task or function, typically evaluated based on its efficiency, accuracy, or effectiveness.

Studying

The act of applying one's mind to learning or understanding a subject, typically through reading or practicing.

Divided Attention

The ability to process two or more responses or react to two or more different demands simultaneously.

Encoding Information

The process by which sensory input is transformed into a format or code that can be stored and utilized by the memory system.