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

question 5

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, what is the value of the simple moving average mean square error?

• A) 0.21
• B) 20.12
• C) 14.25
• D) 207.13

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Definitions:

Trade with Indians

The exchange of goods, services, and commodities between European settlers and Native American tribes during the exploration and colonization periods.

Indentured Servitude

A labor system wherein young people paid for their passage to the New World by working for an employer for a certain number of years.

African Slave Labor

The forced labor of African people, transported mainly to the Americas, used predominantly in plantation, mining, and domestic work from the 16th to the 19th centuries.

Labor Shortages

Situations where there are insufficient workers to fill the employment needs in certain industries, often leading to increased wages and recruitment efforts.