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Exhibit 11.1 The Following Questions Use the Data Below

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Exhibit 11.1
The following questions use the data below.
Honest Al's Used Cars wants to predict how many cars are sold each month. He has collected data for 12 months. He needs your help in analyzing this data using moving averages. Exhibit 11.1 The following questions use the data below. Honest Al's Used Cars wants to predict how many cars are sold each month. He has collected data for 12 months. He needs your help in analyzing this data using moving averages.   -Refer to Exhibit 11.1. If predicting the cars sold for time period 14, what formula must be placed in cell B16? A)  =AVERAGE(B12:B15)  B)  =AVERAGE(B12:B15) /4 C)  =TREND(B12:B15)  D)  =B14
-Refer to Exhibit 11.1. If predicting the cars sold for time period 14, what formula must be placed in cell B16?


Definitions:

Utilitarian Theory

An ethical theory that posits the best action is the one that maximizes utility, typically defined as that which produces the greatest well-being of the greatest number of people.

Consequentialist Theory

A normative ethical theory that judges actions based on their consequences or outcomes.

Rawls Theory

A concept of justice as fairness, proposing principles of justice to structure society, formulated by philosopher John Rawls.

Equal Liberty

The principle that all individuals should have the same freedom and rights under the law.

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