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MGT501: Module 4 - SLP Managing Change | EI and Sustainable Choices ...

Module 4 - SLP

Managing Change

Assignment Overview

EI and Sustainable Choices

Emotional Intelligence (EI) enables leaders to make decisions that consider diverse stakeholder perspectives and environmental impacts, fostering ethical and sustainable choices. Explore the relationship between EI and ethical and sustainable choices in your field. Leaders equipped with high EI can navigate the challenges of ethical decision-making and sustainable leadership which contributes to positive social and environmental outcomes.

Complete Case 4 before SLP 4

Session Long Project 4 Resources

How Is Emotional Intelligence Important In The Workplace? (2023) 
Text: 16.1 The Process of Managerial Communication (2023)
Text: 16.3 Factors Affecting Communications and the Roles of Managers (2023) 
Text: 16.5 The Major Channels of Management Communication (2023) 

Scholarly Readings:

The Chairperson’s Guide to Climate Integrity: Earning and Enhancing Trust through the Sustainability Transition (2023) 

 

SLP Assignment 

Presentation: Sustainability & EI

You have been selected to deliver a video presentation to your organization or a professional group in your discipline. You may use visuals to deliver the message.

Use ChatGPT or another AI program to research trending topics in your area of work, study, or preferred career path in Emotional Intelligence and Sustainability. Examples include logistics, HR, healthcare administration, military leadership, etc. If you use an idea provided by ChatGPT, you must cite and reference the program. 

  • Based on the idea supplied by the AI program (or one of your own), research the effects sustainability and EI have or will have in your industry or discipline. Present the findings to your group. 

The use of AI for generating content in Trident classrooms is not permitted unless it is specifically required by assignments in classes. Certain classes may allow AI to be used for brainstorming or to kickstart research. Turnitin detects AI-generated content. 

Write a 300- to 350-word document that is the basis of your presentation. The document must include references and citations or attributions. (Research Required)

All research for this SLP should have been published within the last two years.

3 TO 3 ½ MINUTE VIDEO

You can talk about the same content that is written but don’t read it. Impromptu speaking has a different impact than reading from a screen or paper. It is up to you to decide what information should be covered in the time allowed. Content beyond 3 minutes will not be viewed or considered.

No quotations are permitted in this paper. Since you are engaging in research, be sure to cite and reference the sources in APA format. NOTE: Failure to use research with accompanying citations to support content will result in reduced scoring “Level 2-Developing” across the grading rubric. This is a professional paper; not a personal one based on feelings. The paper must be written in the third person. This means words like “I,” “we,” and “you” are not appropriate. The presentation may be delivered in first person.

SLP Assignment Expectations

Use the template MGT501 SLP 4 to create your submission.

Your submission will include:

  • The completed Word template with the written overview of the presentation.
  • It will also include the website and video link (should be 3 to 3 ½ minutes maximum). 

Content beyond 3 ½ minutes will not be considered for grading. Do not upload the video to the dropbox since the file size may be too large. Set the Video as public or unlisted, NOT PRIVATE. Unlisted means your video will not come up in search results. 

 


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MGT501: Module 4 - Case Managing Change | Change Management ...

Module 4 - Case

Managing Change

Assignment Overview

Change Management

Rapid technology changes in workplaces can cause stress, prompting employees to resist adopting new tools. This resistance stems from fear of obsolescence, disrupted routines, and perceived tool complexity.

Addressing these anxieties through effective communication and training is crucial for smooth technological transitions.

**Complete Case 4 before SLP 4**

 

Case 4 Resources

Embracing Technology and Adaptability Through Change Management (2023)
Technology Modernization Requires Cultural Change (2023) 
America’s generational divide doesn’t apply to technology. (2023) 
Resistance to Change: Workflow Evolution Across Generations (2023) 
2023 Work in America Survey (2023)
Workplace stress affects most workers despite employers’ efforts (2023)
Artificial Intelligence (2023) You may create a free login to access more information.
Text: 10.1 Organizational Structures and Design (2023) 
Text: 10.2 Organizational Change (2023) 
Text: 10.3 Managing Change (2023)  

Scholarly Readings:

As AI Spreads, Experts Predict the Best and Worst Changes in Digital Life by 2035 (2023) 

 

Technology Supported Change

Investigate the role of technology (AI, data analytics) in facilitating change. How has technology transformed the landscape of change management in recent years? (1 ½ pages). Research Required.

Technology Resistance and Adoption

Analyze the challenges and advantages of managing a multi-generational workforce in the age of rapid technological change (1 ½ pages). Research Required.

Workplace Stress & Coping Mechanisms

Examine how changes in technology can cause workplace stress. Research how managers and organizations mitigate adverse effects for smooth tech transitions (2 pages). Research Required.
All research for this case should have been published within the last two years. 

No quotations are permitted in this paper. Since you are engaging in research, be sure to cite and reference the sources in APA format. NOTE: Failure to use research with accompanying citations to support content will result in reduced scoring “Level 2-Developing” across the grading rubric. This is a professional paper; not a personal one based on feelings. The paper must be written in the third person. This means words like “I,” “we,” and “you” are not appropriate.


 

Assignment Expectations

Use the APA-formatted MGT501 Case 4 template to create your submission.

  • The template is set up in APA 7: double-spacing, font, margins, headings, page breaks, APA help links.

Your submission will include:

Trident University International’s cover page

  • A paper with APA citations (2- to 3-sentence overview, 5-page body, 2- to 3-sentence conclusion)
  • The reference list page in APA format

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MGT501: Module 3 - SLP Responsible Leadership | Communication ...

Module 3 - SLP

Responsible Leadership

Assignment Overview

Communication

Effective communication boosts productivity, fosters teamwork, reduces misunderstandings, drives employee engagement, and improves decision-making to build a successful workplace culture.

**Complete SLP 3 before Case 3**

Session Long Project 3 Resources

13 Strategies For Breaking Down Silos And Boosting Interdepartmental Communication (2023) 
How to Improve Cross-Functional Communication (2023) 
Organizational Silos: Causes, Cons, and How to Break Down Departmental Walls (2023) 
How to Give Communication Feedback (Tips and Examples) (2023) 
The 4 communication styles every manager should know (2023) 

Scholarly Readings:

Why an interdepartmental coordination group should be part of the CDC’s reforms for future pandemics (2023)

SLP Assignment

Inter-departmental Communication

Examine communication styles across different departments within an organization. How do marketing teams communicate compared to, say, engineering teams? Analyze the potential for misunderstandings and research strategies for improvement (1 ½ pages). Research required.

Feedback and Communication Styles

Examine how different communication styles approach giving and receiving feedback. What are the best practices for constructive managerial feedback in the workplace? (1 ½ pages). Research required.
All research for this SLP should have been published within the last two years. 

No quotations are permitted in this paper. Since you are engaging in research, be sure to cite and reference the sources in APA format. NOTE: Failure to use research with accompanying citations to support content will result in reduced scoring “Level 2-Developing” across the grading rubric. This is a professional paper; not a personal one based on feelings. The paper must be written in the third person. This means words like “I,” “we,” and “you” are not appropriate.

 

SLP Assignment Expectations

Use the APA-formatted MGT501 SLP 3 template to create your submission.

  • The template is set up in APA 7: double-spacing, font, margins, headings, page breaks, APA help links.

Your submission will include:

  • Trident University International’s cover page
  • A paper with APA citations (2- to 3-sentence overview, 3-page body, 2- to 3- sentence conclusion)
  • The reference list page in APA format 

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MGT 501: Module 3 - Case Responsible Leadership | The Diverse Workplace ...

Module 3 - Case

Responsible Leadership

Assignment Overview

The Diverse Workplace

Cultural Intelligence (CQ) drives understanding across diverse backgrounds and enhances workplace inclusion. Diversity brings varied perspectives, but challenges may arise from misunderstandings and biases. Inclusion, propelled by CQ, ensures diverse talents are harnessed, fostering innovation and collaboration despite inherent workplace challenges.

Complete SLP 3 before Case 3

Case 3 Resources

Inequality (2023) You may create a free login to access more information.
Global Parity Alliance: Diversity, Equity and Inclusion Lighthouses 2023 (2023)  
How to Leverage Emotional, Social, and Cultural Intelligence to Enhance Professional Lives (2023) 
Diversity, Equity, and Inclusion in the Workplace (2023) 
To Sound Like a Culturally Intelligent Leader, Change How You Talk (2023) 
Diversity: Necessary for readiness or the bogeyman? (2023) 
Culturally intelligent teams: different values, same norms (2023) 

Scholarly Readings:

Exploring the Relationship between Cultural Intelligence (CQ) and Management Competencies (MC) (2023)
Inclusion in the Workplace: A Review and Research Agenda (2023) 

Case Assignment

Cultural Intelligence 

Investigate how leaders can leverage CQ to manage diverse teams. Examine the relationship between CQ and leadership styles (1 ½ pages). Research required.

Diversity, Inclusion, and CQ

Explore the interplay between cultural intelligence with diversity and inclusion initiatives in businesses. How can organizations leverage CQ to make these initiatives more effective? (1 ½ pages). Research required.

Challenges in a Diverse Workplace

Analyze how the media portrays DEI initiatives and how this might influence employee perceptions and pushback (2 pages). Research required.

All research for this case should have been published within the last two years. 

No quotations are permitted in this paper. Since you are engaging in research, be sure to cite and reference the sources in APA format. NOTE: Failure to use research with accompanying citations to support content will result in reduced scoring “Level 2-Developing” across the grading rubric. This is a professional paper; not a personal one based on feelings. The paper must be written in the third person. This means words like “I,” “we,” and “you” are not appropriate.

 

Assignment Expectations

Use the APA-formatted MGT501 Case 3 template to create your submission.

  • The template is set up in APA 7: double-spacing, font, margins, headings, page breaks, APA help links.

Your submission will include:

  • Trident University International’s cover page
  • A paper with APA citations (2- to 3-sentence overview, 5-page body (plus examples), 2- to 3-sentence conclusion)
  • The reference list page in APA format

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MGT501: Module 2 - SLP Fostering Collaboration | Cross-Functional Teams ...

Module 2 - SLP

Fostering Collaboration

Assignment Overview

Cross-Functional Teams

Collaborative cross-functional teams thrive under leadership styles that prioritize open communication, mutual respect, and shared decision-making.

**Complete SLP 2 before Case 2**

Session Long Project 2 Resources

Servant Leadership (2023)
Understanding The Role Of Team Dynamics To Make A Healthy Work Environment (2023)
Leadership and teamwork dynamics: How to Achieve it Successfully (2023) 
Servant Leadership and Team Dynamics: Enhancing Collaboration and Cohesion (2023) 
The Psychology behind Social Loafing: How to Get Everyone on the Team to Put Their Maximum Effort (2023) 

Scholarly Readings:

The Improving Role of Digital Leadership in the Impact of Social Loafing on Job Performance (2023) Download PDF
Ethical Leadership and Perceived Organisational Politics: The Mediating Role of Social Loafing (2023) Download PDF

 

 

Team Leadership Styles

Analyze three different leadership styles (democratic, servant, transformational) and their impact on team dynamics, performance, and satisfaction (1 page). Research Required

Conflict Resolution Strategies

Use ChatGPT or GrammarlyGo. Enter the following query: 75 words. Provide one example of conflict in a team scenario in “x” setting. Do not provide a resolution. (Replace the “x” with your discipline/field or the word business to elicit generic results.) Screenshot and paste the AI query and result in the SLP’s appendix.

Using the scenario, propose and justify resolution strategies, drawing on academic, professional literature and best practices (1 page). Research Required

Social Loafing and Team Performance

Examine managerial approaches to address social loafing's effects on team performance (1 page). Research Required

All research for this SLP should have been published within the last two years. 

The use of AI for generating content in Trident classrooms is not permitted unless it is specifically required by assignments in classes. Certain classes may allow AI to be used for brainstorming or to kickstart research. Turnitin detects AI-generated content. 

No quotations are permitted in this paper. Since you are engaging in research, be sure to cite and reference the sources in APA format. NOTE: Failure to use research with accompanying citations to support content will result in reduced scoring “Level 2-Developing” across the grading rubric. This is a professional paper; not a personal one based on feelings. The paper must be written in the third person. This means words like “I,” “we,” and “you” are not appropriate.

SLP Assignment Expectations

Use the MGT501 SLP 2 template to create your submission.

  • The template is set up in APA 7: double-spacing, font, margins, headings, page breaks, APA help links.

Your submission will include:

  • Trident University International’s cover page
  • A paper with APA citations (2- to 3-sentence overview, 3-page body, 2- to 3-sentence conclusion)
  • The reference list page in APA format
  • An appendix with a screenshot of the AI query and answer.

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MGT501: Module 2 - Case Fostering Collaboration | A Manager’s Role in Collabor ...

Module 2 - Case

Fostering Collaboration

Assignment Overview

A Manager’s Role in Collaboration

Leadership styles play a role in shaping team dynamics. Cross-functional teams, whether virtual or in-person, require a leader adept at understanding varied departmental perspectives, bridging knowledge gaps, and facilitating effective collaboration across specialties. 

**Complete SLP 2 before Case 2**

Case 2 Resources

Collaborative Leadership: A Must For Organizational Performance (2023) 
Building Stronger Teams: The Power of Collaboration in the Workplace (2023)
Leading From Afar: How To Effectively Manage A Remote Team (2023)
Is It Better for Teams to Have Virtual or In-Person Meetings? (2023) 
Building cross-functional teams for a more collaborative workplace (2023) 
What is Cross-Functional Collaboration? (2023) 
Text: 15.1 Teamwork in the Workplace (2023) 
Text: 15.2 Team Development Over Time (2023) 
Text: 15.3 Things to Consider When Managing Teams (2023) 
Text: 15.4 Opportunities and Challenges to Team Building (2023) 

Scholarly Readings:

A Theory of Scrum Team Effectiveness (2023)
A look at the future of work: The digital transformation of teams from conventional to virtual (2023)

 

Case Assignment

Collaboration

Examine how leaders can set a shared vision or goal that encourages collaboration across different departments or specialties within an organization (1 ½ Pages). Research Required.

Virtual vs. In-Person Teams

Analyze how different leadership approaches can affect team dynamics in virtual and in-person settings. Consider aspects such as communication, trust-building, conflict resolution, and motivation (1 ½ Pages). Research Required.

Cross-functional Team Dynamics

Analyze the dynamics of cross-functional teams, where members come from different departments or areas of expertise. Discuss the challenges leaders face when heading cross-functional teams (1 ½ Pages). Research Required.

All research for this case should have been published within the last two years. 

No quotations are permitted in this paper. Since you are engaging in research, be sure to cite and reference the sources in APA format. NOTE: Failure to use research with accompanying citations to support content will result in reduced scoring “Level 2-Developing” across the grading rubric. This is a professional paper; not a personal one based on feelings. The paper must be written in the third person. This means words like “I,” “we,” and “you” are not appropriate.

 

Assignment Expectations

Use the APA-formatted MGT501 Case 2 template to create your submission.

  • The template is set up in APA 7: double-spacing, font, margins, headings, page breaks, APA help links.

Your submission will include:

  • Trident University International’s cover page
  • A paper with APA citations (2- to 3-sentence overview, 4 1/2-page body, 2- to 3-sentence conclusion)
  • The reference list page in APA format

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MGT501: Module 1 - SLP Personality and Motivation | Motivation and Feedback Styl ...

MGT501: Module 1 - SLP

Personality and Motivation

Assignment Overview

Motivation and Feedback Styles

Transformational leaders inspire and elevate followers, transactional leaders focus on exchanges and clear expectations, while laissez-faire leaders adopt a hands-off approach. In a crisis, motivation often hinges on urgency and adaptability. Leaders must inspire confidence, provide clear direction, and foster unity. 

**Complete SLP 1 before Case 1**

Session Long Project 1 Resources

360° Feedback -The Ultimate Guide (2023)
Transformational Leadership style: How to Inspire and Motivate (2023) 
What Is Transactional Leadership and How Does It Work? (2023)
Laissez-Faire Leadership Style (2023) 
Text: 13.8 Transformational, Visionary, and Charismatic Leadership (2023) 
How to keep your employees motivated during challenging times (2023)
Gallup Employee Engagement (2023) 

Scholarly Readings:

Please go to More > Online Library in the menu options of this class. Copy and paste the journal title Organizational adaptation to working from home in a crisis situation (COVID-19): The interaction between leaders’ openness and followers’ voice into the search bar and you will go to the location to read this journal article.

Organizational adaptation to working from home in a crisis situation (COVID-19): the interaction between leaders’ openness and followers’ voice (2023)

SLP Assignment

Motivation, Feedback, and Crises

Use the assignment-specific template file in the Assignment Expectations section for all Cases and SLPs in this class. The templates are APA-formatted, may contain links and guidance, and include headings for each required section.

The assignment requires research and attribution. It cannot be based on opinion or personal experience. Ensure that you have a finished product that reflects your voice and is properly formatted using APA. No quotations are permitted in this submission.

Leadership Background

Provide an overview of transformational, transactional, and laissez-faire leadership styles (½ page). Research required.

Feedback and Motivation

Investigate the application of 360-degree feedback within transformational, transactional, and laissez-faire leadership styles and how they influence motivation (1 ½ pages). Research required.

Motivation in Crisis Situations

Research how motivation strategies adapt during crises—economic downturns, pandemics, and company scandals under transformational, transactional, and laissez-faire leadership styles (1 ½ pages). Research required.

Be sure to check your paper with Grammarly for Word and make corrections before submission.


This SLP will be written in 3rd person; this means words like “I,” “we,” and “you” are not appropriate. For more information see Differences Between First and Third Person

No quotations are permitted in this paper. Since you are engaging in research, be sure to cite and reference the sources in APA format. NOTE: Failure to use research with accompanying citations to support content will result in reduced scoring “Level 2-Developing” across the grading rubric. This is a professional paper; not a personal one based on feelings. 

SLP Assignment Expectations

Use the MGT501 SLP 1 template to create your submission.

  • The template is set up in APA 7: double-spacing, font, margins, headings, page breaks, APA help links.

Your submission will include:

  • Trident University International’s cover page
  • A paper with APA citations (2- to 3-sentence overview, 3 ½ -page body, 2- to 3-sentence conclusion)
  • The reference list page in APA format

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MGT501 : Module 1 - Case Personality and Motivation | Applying Motivational Theo ...

MGT501: Module 1 - Case

Personality and Motivation

Assignment Overview

Applying Motivational Theories

Herzberg posits that motivation is influenced by hygiene factors (which can demotivate if absent) and motivators (which can boost satisfaction when present). You will provide insights into motivation for a multi-generational workforce. Using the framework of McGregor's Theory X and Theory Y, you will analyze how workplace scenarios align with or challenge these theories.

**Complete SLP 1 before Case 1**

Case 1 Resources

Background theoretical readings

A Beginner’s Guide to Herzberg’s Two-Factor Motivation Theory (2023) 
Herzberg’s Two-Factor Theory of Motivation-Hygiene (2023)
Theory X and Theory Y (2023) 
Exploring McGregor's Theory X and Theory Y of Organizational Development (2023)
Embracing the future of work and omni-connected experience (2023) 
Text: 14.1 Motivation: Direction and Intensity (2023)
Text: 14.2 Content Theories of Motivation (2023) 
Text: 14.3 Process Theories of Motivation (2023) 
Text: 14.4 Recent Research on Motivation Theories (2023) 

Scholarly Readings:

Lessons From The Office: Mismanaged Motivation (2023)
Mitigating Information Overload: An Experiential Exercise Using Role-Play to Illustrate and Differentiate Theories of Motivation (2023)

Case Assignment

Workplace Motivation by Generation

Use the assignment-specific template file in the Assignment Expectations section for all Cases and SLPs in this class. The templates are APA-formatted, may contain links and guidance, and include headings for each required section.

The assignment requires research and attribution. It cannot be based on opinion or personal experience. Ensure that you have a finished product that reflects your voice and is properly formatted using APA. No quotations are permitted in this submission.

Generational Motivation

Explore workplace motivation across different generations (Baby Boomers, Gen X, Millennials, Gen Z) through the lens of Herzberg's two-factor theory. 

Use ChatGPT or another AI program to make connections between the theory and generational motivation. This will help you decide on optimal search terms to find quality resources supporting this section. If you use an idea provided by ChatGPT, you must cite and reference the program. 

  • Provide an overview of Herzberg's two-factor theory (1 page). Research required.

  • Critically analyze the hygiene factors that serve as motivators and demotivators for each generation (2 pages: ½ page per generation). Research required.

WFH, RTO, and Job Satisfaction

Evaluate the impact of work from home versus in-office (or return to office) work using McGregor's Theory X and Theory Y. 

Use ChatGPT or another AI program to make connections between the theories and WFH vs. RTO. This will help you decide on optimal search terms to find quality resources supporting this section. If you use an idea provided by ChatGPT, you must cite and reference the program. 

  • Provide an overview of McGregor's Theory X and Theory Y (1 page). Research required.

  • Critically analyze how each work setting aligns with or challenges these theories (1 ½ pages: ¾ of a page per theory). Research required.

The use of AI for generating content in Trident classrooms is not permitted unless it is specifically required by assignments in classes. Certain classes may allow AI to be used for brainstorming or to kickstart research. Turnitin detects AI-generated content. 

Be sure to check your paper with Grammarly for Word and make corrections before submission.

No quotations are permitted in this paper. Since you are engaging in research, be sure to cite and reference the sources in APA format. NOTE: Failure to use research with accompanying citations to support content will result in reduced scoring “Level 2-Developing” across the grading rubric. This is a professional paper; not a personal one based on feelings. The paper must be written in the third person. This means words like “I,” “we,” and “you” are not appropriate.

Assignment Expectations

Use the APA-formatted MGT501 Case 1 template to create your submission.

  • The template is set up in APA 7: double-spacing, font, margins, headings, page breaks, APA help links.

Your submission will include:

  • Trident University International’s cover page
  • A paper with APA citations (2- to 3-sentence introduction, 5 ½-page body, 2- to 3-sentence conclusion)
  • The reference list page in APA format

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ECO6214: Module 7: Exam II | Attempt 1 | Score for this quiz: 150 out of 150 ...

ECO6214: Module 7: Exam II

Score for this quiz: 150 out of 150
Submitted May 1 at 2:13am
This attempt took 55 minutes.

 
Question 1                                            10 / 10 pts
The linear regression equation, Y = a + bX, was estimated. The following computer printout was obtained:

The parameter estimate of  a indicates

  •   when X is zero, Y is 15.48
  •   when Y is zero, X is 8.03
  •  when Y is zero, X is -21.36
  •  when X is zero, Y is 5.09.

 
Question 2                                            10 / 10 pts
The linear regression equation, C = a + bQ+cQ, was estimated. The following computer printout was obtained:

The value of R2 indicates that _______ of the total variation in C is explained by the regression equation. 

  •   7.679%
  •   76.79%
  •   7679%
  •   0.7679%

 
Question 3                                            10 / 10 pts
The manufacturer of Beanie Baby dolls used quarterly price data for 2005I-2013IV (t = 1, ..., 36) and the regression equation:

to forecast doll prices in the year 2014. Pt is the quarterly price of dolls, and,  and  are dummy variables for quarters I, II, and III, respectively.

What is the estimated intercept of the trend line in the 3th quarter?

  •  22.8
  •  25
  • 18
  • 16
  • 20

 
Question 4                                            10 / 10 pts
A forecaster used the regression equation

and quarterly sales data for 1996I-2013IV (t = 1, ..., 64) for an appliance manufacturer to obtain the results shown below. Q is quarterly sales, and ,  and  are dummy variables for quarters I, II, and III.

Using a 5 percent significance level, these estimation results indicate that

  •   sales in the fourth quarter are significantly greater than sales in any other quarter.
  •   sales in the third quarter are significantly greater than sales in any other quarter.
  •   sales in the second quarter are significantly greater than sales in any other quarter.
  •   sales in the first quarter are significantly greater than sales in any other quarter.

 
Question  5                                            10 / 10 pts
When the correlation coefficient is negative, it means:

  • when X goes down, Y does too.  
  • Y will not be a good predictor of X.  
  • X will not be a good predictor of Y.  
  • when X goes down, Y tends to go up.   
  • there is a weak relationship.

 
Question  6                                           10 / 10 pts
Thirty data points on Y and X are employed to estimate the parameters in the linear relation Y = a + bX. The computer output from the regression analysis is:

 

The parameter estimate of a (intercept) indicates

  •   when Y is zero, X is -3.25.  
  • when Y is zero, X is 93.54.  
  • when X is zero, Y is -3.25.  
  • when X is zero, Y is 93.54.

 

Question  7                                          10 / 10 pts
The linear regression equation, Y = a + bX, was estimated.  The following computer printout was

obtained:

Given the above information, which of the following statements is correct at the 1% level of significance?

  •   â (intercept) is statistically significant, but  (slope) is not
  •   Both â(intercept) and  (slope) are statistically significant.
  •   (slope) is statistically significant, but â (intercept) is not.
  •   Neither â intercept) nor  (slope) is statistically significant.

 
Question  8                                          10 / 10 pts
The linear regression equation, Y = a + bX, was estimated.  The following computer printout was

obtained:

Given the above information, if X equals 20, what is the predicted value of Y?

  •   -411.72  
  • 186.42  
  • -186.42  
  • 165.69

 
Question  9                                          10 / 10 pts
A forecaster used the regression equation
Qt = a + bt +c1D1 +c2D2 + c3D3

and quarterly sales data for 1996I-2013IV (t = 1, ..., 64) for an appliance manufacturer to obtain the results shown below. Q is quarterly sales, and D1,D2 and D3 are dummy variables for quarters I, II, and III. 

What is the estimated intercept of the trend line in the second quarter?

  •   49
  •   65
  •   26.6
  •   25
  •   55

 
Question  10                                          10 / 10 pts
A forecaster used the regression equation
Qt = a + bt +c1D1 +c2D2 + c3D3

and quarterly sales data for 1996I-2013IV (t = 1, ..., 64) for an appliance manufacturer to obtain the results shown below. Q is quarterly sales, and D1,D2 and D3 are dummy variables for quarters I, II, and III. 

At the 5 percent level of significance, is there a statistically significant trend in sales?

  •   Yes, because 2.14 >0.05.
  •   No, because 1.5 > 0.05.
  •   Yes, because 0.700 > 0.05.
  •   Yes, because 0.0362 < 0.05

 
Question  11                                          10 / 10 pts
A firm is experiencing theft problems at its warehouse. A consultant to the firm believes that the dollar loss from theft each week (T) depends on the number of security guards (G) and on the unemployment rate in the county where the warehouse is located (U measured as a percent). In order to test this hypothesis, the consultant estimated the regression equation T = a + bG + cU and obtained the following results: 

Based on the above information, hiring one more guard per week will decrease the losses due to theft at the warehouse by _________ per week.

  •  $5,150
  •   $211
  •   $480.92
  •   $130

 
Question  12                                          10 / 10 pts
For the equation Y = a + bX, the objective of regression analysis is to

  • estimate the variables Y and X.
  • estimate the parameters a and b.

 
Question  13                                         10 / 10 pts
In a linear regression equation of the form Y = a + bX, the intercept parameter b shows

  • the increase in the value of X when Y increases by 1 unit.
  • the increase in the value of Y when X increases by 1 unit.

 
Question  14                                         10 / 10 pts
If an analyst believes that more than one explanatory variable explains the variation in the dependent variable, what model should be used?

  • a multiple regression model  
  • binary model  
  • a simple linear regression model  
  • quadratic model

 
Question  15                                          10 / 10 pts
Income is used to predict savings. For the regression equation Y = 1,000 + .10X, which of the following is true?

  • Y is income, X is savings, and income is the independent variable.  
  • Y is income, X is savings, and savings is the independent variable.  
  • Y is savings, X is income, and income is the independent variable.  
  • Y is savings, X is income, and savings is the independent variable.

 

 


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ECHO 6214 : Module 6, Assignment 6: Forecasting | Due: Sun Apr 27, 2025 11:59pm ...

ECHO 6214 : Module 6, Assignment 6: Forecasting

Instructions

Submit your answers to all of the questions in a Word document. Download the data sets and use Excel to solve the problems.

Question 1. A national supplier of jet fuel is interested in forecasting its sales. Download the sales data  for the periods 2001, Q1 to 2016, Q4.

  • Plot these sales against time. What, if any, seasonal pattern do you see in the plot? Explain.
  • Deseasonalize the data by calculating the centered moving average. Plot the deseasonalized data on the graph created in (a). Calculate the seasonal index for each quarter. Write a short explanation of why the results make sense.
  • Develop a trend for the data USING deseasonalized SALES (NOT ACTUAL SALES) and plot that trend line on the graph developed in (a). Compare the deseasonalized sales data  and the trend line. Does there appear to be a cyclical pattern in the data? Explain.
  • For the historical period, plot the values estimated by the time series decomposition model with the original data.
  • Make a forecast of sales for the four quarters of 2017. Using the actual data for that year given in the table, calculate the RMSE:

 The quarterly sales of the Jet Fuel for the previous four quarters are presented in the table:

    JET FUEL SALES  
Quarter Forecast Actual Squared Error
2017Q1   66.81  
2017Q2   77.52  
2017Q3   82.76  
2017Q4   74.51  
    Sum of Squared Errors=  
    Mean-squared Errors=  
    Root Mean-Squared Errors=  

 

 

 

 


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