Using a Three-Month Moving Average, the Forecast Value for October

question 52

Multiple Choice

Using a three-month moving average, the forecast value for October made at the end of September in the following time series would be ___.

• A)7.67
• B)8
• C)9
• D)6.89
• E)7.25

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Definitions:

Behavioral Model

A theoretical framework used for describing and predicting how an individual's behavior is learned and expressed within a psychological context.

Effective Leadership Style

The manner or approach of leading that successfully inspires and guides individuals or groups towards achieving organizational goals.

Situation

A set of circumstances or a scenario in which individuals find themselves, affecting their behavior and decision-making.

Main Limitation

the primary constraint or shortcoming that restricts effectiveness, progress, or development in a certain context or system.