How Can You Describe the Moving Average Method

question 148

Multiple Choice

How can you describe the moving average method?

• A) Useful in smoothing out a time series.
• B) Used in measuring seasonal fluctuations.
• C) A technique which does not result in a trend line equation.
• D) A method for identifying a trend.
• E) A method for identifying a trend, but does not result in a trend line equation, is useful in smoothing out a time series and measuring seasonal fluctuations.

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Definitions:

Cost Effective

Refers to a process, action, or methodology that achieves its objectives without wasting resources, ideally delivering the best possible outcome for the lowest cost.

Critical Issues

Significant problems or challenges that require immediate attention and resolution to prevent negative consequences.

Bottom Line

The final total of an account, balance sheet, or financial result, often referring to a company's net income or profit.

Media Richness Hierarchy

A framework that ranks communication media according to their capacity to convey information effectively, based on aspects such as immediate feedback, cues, personalization, and language variety.