Using a Three-Month Moving Average (With Weights of 6, 3

question 18

Multiple Choice

Using a three-month moving average (with weights of 6, 3, and 1 for the most current value, next most current value and oldest value, respectively) , the forecast value for November in the following time series is ____________. $$\begin{array} { | r | r | } \hline \text { July } & 5 \\\hline \text { Amg } & 11 \\\hline \text { Sent } & 13 \\\hline \text { Oct } & 6 \\\hline\end{array}$$

• A)11.60
• B)10.00
• C)9.67
• D)8.06
• E)8.60

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Definitions:

Grandfather

A term often used to describe clauses that exempt certain individuals or entities from new regulations based on previous conditions.

Bailment

The legal relationship created when personal property is transferred from one party to another under agreement that the property will be returned or otherwise disposed of according to the owner's directions.

Mutual Benefit

refers to a situation or action that provides advantages or positive outcomes to all parties involved.

Fundamental Duty

A basic or essential obligation that is imposed on an individual or entity by law, morality, or contract.