Use the Data Given Below to Answer the Following Question(s)

question 34

Multiple Choice

Use the data given below to answer the following question(s) .
The table below shows the sales of a gaming console for the first 6 months of the year 2011.
The forecaster uses the weighted average model to determine the forecasts.He assumes a 40% weight for the most recent reading,30% weight for the second most recent reading,20% for the third most recent reading,and 10% for the fourth most recent reading.
-Using the given data,calculate the value of the mean square error.

• A)5.15
• B)44.95
• C)9.19
• D)0.87

---

Definitions:

Debt Financing

Raising capital through the sale of bonds, bills, or notes to individuals or institutions.

Source of Financing

A source of financing is the origin or means through which a business or individual acquires funds to finance operations, investments, or expenditures.

Equity

The value of an asset after deducting all liabilities, often used in the context of ownership in a company.

Return on Equity

A measure of a corporation's profitability relative to stockholders' equity.