Exhibit 11.6 The Following Questions Use the Data Below

question 96

Multiple Choice

Exhibit 11.6
The following questions use the data below.
A store wants to predict quarterly sales. The owner has collected 3 years of sales data and wants your help in analyzing the data using the double moving average model with k = 4.
-Refer to Exhibit 11.6. What formula should be entered in cell H9 to compute the trend using the double moving average model with k = 4?

• A) =2*(AVERAGE(E9,F9))/4
• B) =2*(E9-F9)/(4-1)
• C) =2*(E9-F9)/(4*2)
• D) =2*(D9-F9)/(4-1)

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Definitions:

Situated Cognition

A belief that one’s culture and one’s everyday surroundings and tasks set both boundaries and possibilities for the cognitive tasks that are practiced, and therefore strengthened, during the normal course of daily living.

Flexibility

The capacity to adapt thoughts and behaviors in response to changing circumstances or new information.

White-collar Workers

Employees who perform professional, managerial, or administrative work, typically in an office or other administrative setting, as opposed to manual labor.