Use the Data Given Below to Answer the Following Question(s)

question 7

Multiple Choice

Use the data given below to answer the following question(s) .
The details of the clock sales at a supermarket for the past 6 weeks are shown in the table below. The time series appears to be relatively stable, without trend, seasonal, or cyclical effects. The simple moving average value of k is set at 2. $$\begin{array} { | c | c | } \hline \text { Week } & \text { Units sold } \\\hline 1 & 88 \\\hline 2 & 44 \\\hline 3 & 54 \\\hline 4 & 65 \\\hline 5 & 72 \\\hline 6 & 85 \\\hline\end{array}$$
-For the given data, calculate the value of the simple moving average mean absolute percentage error.

• A) 20.90
• B) 23.45
• C) 14.39
• D) 25.56

---

Definitions:

Globalization

The process of increased interconnectedness and interdependence of the world's markets and businesses.

American Culture

A complex blend of customs, traditions, beliefs, and values that characterize the social behavior and societal norms in the United States.

The Internet

A global network of interconnected computers and servers that enables the sharing of information and communication across the world.

Washington Consensus

represents a set of neoliberal economic policies that emphasize fiscal discipline, deregulation, trade liberalization, and privatization.