I in the Final Step, Using the Ratio-To-Moving-Average Method on Quarterly

question 48

Multiple Choice

i. In the final step, using the ratio-to-moving-average method on quarterly data, the total of the modified means should theoretically be equal to 400 because the average of should be 100.
ii. Seasonal variation is quite common in the retail and wholesale industries.
iii. A typical seasonal index of 103.7 for January indicates that sales for January are below the annual average)

• A) (i), (ii) and (iii) are all correct statements
• B) (i) and (ii) are correct statements, but not (iii).
• C) (i) and (iii) are correct statements but not (ii).
• D) (ii) and (iii) are correct statements but not (i).
• E) All statements are false

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Definitions:

Biological Nature

Refers to the inherent qualities and biological processes that define and regulate the life of an organism.

Ancestors' Success

The achievements or advancements made by previous generations, which can influence the opportunities or genetic makeup of current generations.

Anterior Cingulate Cortex

A part of the brain located in the frontal lobe that plays a crucial role in emotion formation and processing, decision making, empathy, impulse control, and focusing attention.

Amygdala

A part of the brain's limbic system involved in emotion regulation, especially fear and pleasure responses.