Air pollution control specialists in southern California monitor the amount of ozone, carbon dioxide, and nitrogen dioxide in the air on an hourly basis. The hourly time series data exhibit seasonality, with the levels of pollutants showing patterns that vary over the hours in the day. On July 15, 16, and 17, the following levels of nitrogen dioxide were observed for the 12 hours from 6:00 A. M. to 6:00 P. M.
Use a multiple linear regression model with dummy variables as follows to develop an equation to account for seasonal effects in the data:
Hour1 = 1 if the reading was made between 6:00 A. M. and 7:00A. M.; 0 otherwise
Hour2 = 1 if the reading was made between 7:00 A. M. and 8:00 A. M.; 0 otherwise
Hour11 = 1 if the reading was made between 4:00 .P. M. and 5:00 P. M., 0 otherwise
Note that when the values of the 11 dummy variables are equal to 0, the observation corresponds to the 5:00 P. M. to 6:00 P. M. hour.
If required, round your answers to three decimal places. For subtractive or negative numbers use a minus sign even if there is a + sign before the blank. (Example: -300)
Value=21.7 +7.67 hour1+11.7 hour2+16.7 hour3+34.3 hour4+42.3 hour5+45.0 hour6+28.3 hour7+18.3 hour8+13.3 hour9+3.33 hour10+1.67 hour11
6:00 a. m. - 7:00 a. m. forecast
29.31
7:00 a. m. - 8:00 a. m. forecast
33.4
8:00 a. m. - 9:00 a. m. forecast
38.4
9:00 a. m. - 10:00 a. m. forecast
56
10:00 a. m. - 11:00 a. m. forecast
64
11:00 a. m. - noon forecast
66.7
noon - 1:00 p. m. forecast
50
1:00 p. m. - 2:00 p. m. forecast
40
2:00 p. m. - 3:00 p. m. forecast
35
3:00 p. m. - 4:00 p. m. forecast
25.03
4:00 p. m. - 5:00 p. m. forecast
23.37
5:00 p. m. - 6:00 p. m. forecast
21.7
Let t = 1 to refer to the observation in hour 1 on July 15; t = 2 to refer to the observation in hour 2 of July 15; ...; and t = 36 to refer to the observation in hour 12 of July 17. Using the dummy variables defined in part (b) and ts, develop an equation to account for seasonal effects and any linear trend in the time series.
If required, round your answers to three decimal places. For subtractive or negative numbers use a minus sign even if there is a + sign before the blank. (Example: -300)
Value=11.2 +12.5 hour1+16.0 hour2+20.06 hour3+37.8 hour4+45.4 hour5+47.6 hour6+30.5 hour7+20.1 hour8+14.6 hour9+4.21 hour10+2.10 hour11+0.437 t
Based upon the seasonal effects in the data and linear trend estimated in part (d), compute estimates of the levels of nitrogen dioxide for July 18.
6:00 a. m. - 7:00 a. m. forecast
40
7:00 a. m. - 8:00 a. m. forecast
44
8:00 a. m. - 9:00 a. m. forecast
49
9:00 a. m. - 10:00 a. m. forecast
66
10:00 a. m. - 11:00 a. m. forecast
75
11:00 a. m. - noon forecast
77
noon - 1:00 p. m. forecast
60
1:00 p. m. - 2:00 p. m. forecast
51
2:00 p. m. - 3:00 p. m. forecast
45
3:00 p. m. - 4:00 p. m. forecast
36
4:00 p. m. - 5:00 p. m. forecast
34
5:00 p. m. - 6:00 p. m. forecast
32
This is the part I cant figure out, please help me find the MSE's
Is this model you developed in part (b) or the model you developed in part (d) more effective?
Model developed in part (b)
Model developed in part (d)
MSE
Answers: 2
Business, 22.06.2019 12:50
Required information problem 15-1a production costs computed and recorded; reports prepared lo c2, p1, p2, p3, p4 [the following information applies to the questions displayed below. marcelino co.'s march 31 inventory of raw materials is $84,000. raw materials purchases in april are $540,000, and factory payroll cost in april is $364,000. overhead costs incurred in april are: indirect materials, $59,000; indirect labor, $26,000; factory rent, $38,000; factory utilities, $19,000; and factory equipment depreciation, $58,000. the predetermined overhead rate is 50% of direct labor cost. job 306 is sold for $670,000 cash in april. costs of the three jobs worked on in april follow. job 306 job 307 job 308 balances on march 31 direct materials $30,000 $36,000 direct labor 25,000 14,000 applied overhead 12,500 7,000 costs during april direct materials 133,000 210,000 $100,000 direct labor 105,000 150,000 101,000 applied overhead ? ? ? status on april 30 finished (sold) finished in process (unsold) required: 1. determine the total of each production cost incurred for april (direct labor, direct materials, and applied overhead), and the total cost assigned to each job (including the balances from march 31). a-materials purchases (on credit). b-direct materials used in production. c-direct labor paid and assigned to work in process inventory. d-indirect labor paid and assigned to factory overhead. e-overhead costs applied to work in process inventory. f-actual overhead costs incurred, including indirect materials. (factory rent and utilities are paid in cash.) g-transfer of jobs 306 and 307 to finished goods inventory. h-cost of goods sold for job 306. i-revenue from the sale of job 306. j-assignment of any underapplied or overapplied overhead to the cost of goods sold account. (the amount is not material.) 2. prepare journal entries for the month of april to record the above transactions. 3. prepare a schedule of cost of goods manufactured. 4.1 compute gross profit for april. 4.2 show how to present the inventories on the april 30 balance sheet.
Answers: 3
Business, 22.06.2019 16:10
Waterway company’s record of transactions for the month of april was as follows. purchases sales april 1 (balance on hand) 672 @ $6.00 april 3 560 @ $11.00 4 1,680 @ 6.08 9 1,568 @ 11.00 8 896 @ 6.41 11 672 @ 12.00 13 1,344 @ 6.51 23 1,344 @ 12.00 21 784 @ 6.61 27 1,008 @ 13.00 29 560 @ 6.79 5,152 5,936 (a) calculate average-cost per unit. (b) assuming that periodic inventory records are kept in units only, compute the inventory at april 30 using lifo and average-cost. (c) assuming that perpetual inventory records are kept in dollars, determine the inventory using (1) fifo and (2) lifo. (d) compute cost of goods sold assuming periodic inventory procedures and inventory priced at fifo.
Answers: 2
Business, 23.06.2019 01:30
Bmw receives data transmitted by each new vehicle it sells to employees understand how customers use the products and when service may be needed. this use of technology aids in bmw's efforts to interact in an ongoing basis with its customers.
Answers: 1
Air pollution control specialists in southern California monitor the amount of ozone, carbon dioxide...
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