Past Exam for BIT 2406 - Quantitative Methods with Baker at Virginia Tech (VT)

Exam Information

Material Type:Mid-Term 1
Class:BIT 2406 - Quantitative Methods
Subject:Business Information Technology
University:Virginia Polytechnic Institute And State University
Term:Fall 2006
  • Unauthorized
  • The Independent
  • Relationship
  • Extrapolation
  • Determination
  • Relationships
  • Your Decision
  • No Correlation
  • Formula Sheet
  • Weighted Average
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Sample Document Text

BIT 2406 – Midterm Exam Fall 2006 Name:___________________________ Form B Instructions: You have the entire period to complete this exam. Enter your name on this sheet, and mark you name, Student ID, and Form on the Scantron before you begin. Select the best answer, circle the answer on this sheet, and fill in the appropriate bubble on the Scantron sheet. You may use a calculator and the formula sheet attached to the back of this exam. No other materials are allowed. Virginia Tech Honor Pledge I have neither given nor received unauthorized assistance on this assignment. ________________________________ Signature Section I - Forecasting. The manager of the Petroco Service Station wants to forecast the demand for unleaded gasoline next month so that the proper number of gallons can be ordered from the distributor. The owner has accumulated the following data on demand for unleaded gasoline from sales during the past 7 months. Month Gasoline Demand January 500 February 645 March 690 April 730 May 810 June 1...

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