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Given the demands for greater accountability and improved performance,which of the following is NOT a voluntary change many boards of directors have initiated?
Moving Average Model
A statistical method used to forecast future values based on previous observations' averages.
Exponential Smoothing
A time series forecasting method for univariate data that applies decreasing weights to older observations, making more recent data more influential.
Seasonal Effects
Variations or patterns in statistical data that occur at regular intervals each year, often affecting business operations, sales, and marketing strategies.
Cyclical Effects
Economic fluctuations that occur in cycles due to periodic increases and decreases in the demand for goods and services.
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