During the 1980s the Average Age of Individuals ____, Causing

question 75

Multiple Choice

During the 1980s the average age of individuals ____, causing less experienced, less productive employees.

• A) Decreased.
• B) Increased.
• C) Remained the same.
• D) Stabilized.

---

Definitions:

Six-month Moving Average

A method of smoothing data by calculating the average of six consecutive months' worth of data, continuously updated month by month.

Mean Absolute Deviation

A statistical measure of the average absolute deviations of a set of values from their mean, indicating variability within the dataset.

Forecast Error

The difference between the actual outcomes and the predictions made by forecasting models.

Exponential Smoothing

A time series forecasting method for smoothing data points by giving more weight to recent observations while exponentially decreasing the weights for older observations.