Using a Three-Month Moving Average (With Weights of 5, 3

question 47

Multiple Choice

Using a three-month moving average (with weights of 5, 3, and 1 for the most current value, next most current value and oldest value, respectively) , the forecast value for November in the following time series would be ___.

• A)7.67
• B)8
• C)9
• D)6.89
• E)11

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Definitions:

American Institute of Certified Public Accountants

A national professional organization for Certified Public Accountants (CPAs) in the United States, focused on setting ethical standards and auditing procedures.

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Third Party Liability

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