Daily Demand for Newspapers for the Last 10 Days Has

question 13

Multiple Choice

Daily demand for newspapers for the last 10 days has been as follows: 12, 13, 16, 15, 12, 18, 14, 12, 13, 15 (listed from oldest to most recent) . Forecast sales for the next day using a two-day weighted moving average where the weights are 3 and 1 are

• A) 14.5.
• B) 13.5.
• C) 14.
• D) 12.25.
• E) 12.75.

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Definitions:

Nonexistent Person

A fictional or imagined individual who does not exist in reality.

Negotiable

Capable of being transferred or converted into goods, services, or money under terms agreeable to all parties involved.

Indorsement

The act of signing one's name on the back of a negotiable instrument, which transfers the property rights to another.

Indorsements

Written approvals or endorsements on documents, especially checks or promissory notes, to signify agreement, consent, or transfer.