Suppose That We Calculate the Four-Period Moving Average of the Following

question 65

Multiple Choice

Suppose that we calculate the four-period moving average of the following time series: $$\begin{array} { | c | c c c c c c | } \hline t & 1 & 2 & 3 & 4 & 5 & 6 \\\hline y _ { t } & 18 & 28 & 23 & 17 & 26 & 14 \\\hline\end{array}$$ The centred moving average for period 4 is:

• A) 20.00.
• B) 22.50.
• C) 23.50.
• D) 21.75.

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Definitions:

Income Inequality

The disparity in the distribution of income and wealth across individuals in a society, often leading to societal and economic tensions.

Mainstream Economics Perspective

The commonly accepted views and theories within the economics field that influence policy-making and academic research.

Labor Market

The supply and demand dynamics for labor, where employers seek to hire workers, and workers seek employment.

Workplace Governance

The systems, policies, and practices that control and direct the activities within a workplace, including the management of relationships among stakeholders.