What Is the Approximate Forecast for May Using a Five-Month

question 132

Multiple Choice

What is the approximate forecast for May using a five-month moving average? $$\begin{array} { | c | c | c | c | c | c | } \hline \text { Nov. } & \text { Dec. } & \text { Jan. } & \text { Feb. } & \text { Mar. } & \text { April } \\\hline 39 & 35 & 40 & 42 & 48 & 45 \\\hline\end{array}$$

• A) 38
• B) 42
• C) 43
• D) 44
• E) 45

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Definitions:

Currency

The system of money in general use in a particular country or economic system.

Importers

Businesses or individuals that buy goods or services from abroad for sale in their own country, contributing to cross-border trade dynamics.

Exporters

Companies or individuals that sell goods and services produced in one country to buyers in other countries.

Foreign Exchange Market

The market where one country’s currency is traded for another’s.