One week after the pilgrims landed at Plymouth Rock, half of the Mayflower pilgrims were dead.

EXHIBIT 1 (Questions: 9 – 11) An Orlando insurance company gathers information on insurance policies sold over the last six months.

EXHIBIT 6 (Questions: 23 – 25) A manager of a local real estate company in Miami is tasked with providing a forecast for property sales based on the recent housing market demand downturn. The historical unit home sales data for 2021 was collected and graphed below.  

The MAD of this forecast is 3. What is the correct interpretation?

What is the appropriate forecast method to solve this problem?

How much of the variation is being explained by the independent variable?

The restaurant is considering leaving its current building and renting another place for $10,000 monthly. How many more meals should be served to keep the same multifactor productivity? (all other costs constant)

How many homes can the company expect to sell in Q1 of 2022?

Which of the following statements is incorrect regarding the number of periods used in calculating a simple moving average?

When is the company’s interaction with its customers typically the weakest?