Write two main differences between Forecasting and Time-Series Analysis (TSA)? ii- Is forecasting technique more accurate than TSA? Justify your answer. iii- If you were to go buy a car and are provided with the following data sets (standard deviation and Variance). Which set of data would help you make a better decision? And why? iv- Find the p-value if Z < -.90, alpha = 0.05 (one-tail, lower tail) v- Find P-value in a left tailed test if the test statistics is z = -1.87

Write two main differences between Forecasting and Time-Series Analysis (TSA)? ii- Is forecasting technique more accurate than TSA? Justify your answer. iii- If you were to go buy a car and are provided with the following data sets (standard deviation and Variance). Which set of data would help you make a better decision? And why? iv- Find the p-value if Z < -.90, alpha = 0.05 (one-tail, lower tail) v- Find P-value in a left tailed test if the test statistics is z = -1.87

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018

18th Edition

ISBN:9780079039897

Author:Carter

Publisher:Carter

Chapter4: Equations Of Linear Functions

Section4.5: Correlation And Causation

Problem 2CYU

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Question

i- Write two main differences between Forecasting and Time-Series Analysis (TSA)?
ii- Is forecasting technique more accurate than TSA? Justify your answer.
iii- If you were to go buy a car and are provided with the following data sets (standard
deviation and Variance). Which set of data would help you make a better decision?
And why?
iv- Find the p-value if Z < -.90, alpha = 0.05 (one-tail, lower tail)
v- Find P-value in a left tailed test if the test statistics is z = -1.87

Expert Solution