Qct 3 Global Economics Essay

1229 Words Feb 21st, 2013 5 Pages
BUSI 620

QCT 3

--6.7 points each for a total of 80 points

Salvatore’s chapter 6:

a. Discussion Questions: 1,7, and 15 1. Forecasting for most businesses means gathering historical information and building an estimate or prediction of future events based on the analytical actions of the past. It is important to businesses and other enterprises because it becomes a statistical map for where the organization could go and helps to identify where areas of weakness may be in order to create a new or different pathway to increase performance. There are several types of forecast, qualitative, time series analysis, causal relationship, simulation, and barometric methods. Firms must examine what form of business analytics they
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None of the indicators here are stable, so we will only be looking at the ones that increase. The first month we cannot make any comparisons, so there is no DI. For the second month there will be two increasing indicators, which gives us a DI of 2/3 = 66.7%. For the third month there will be 3 increasing indicators, giving us a DI of 100%.

Appendix Problems 1.
|CPI |3MMAVF |A-F |(A-F)^2 |6MMAVF |A-F |(A-F)^2 |
|161 | | | | | | |
|161.1 | | | | | | |
|161.4 | | | | | | |
|161.8 |161.2 | | | | | |
|162.3 |161.4 | | | | | |
|162.2 |161.8 | | |161.6

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