Which of the Following Is Typically Used as the Basis

question 13

Multiple Choice

Which of the following is typically used as the basis of a market-based forecast?

• A)the currency's spot rate
• B)a time-series model showing the currency's moving average
• C)the currency's volatility index
• D)the currency's forward rate
• E)the currency's spot rate AND the currency's forward rate

---

Definitions:

Expected Number

The calculated average or mean value of a numeric dataset, predicting the central value around which other values tend to cluster.

Customers In Service

The number of customers currently being served or assisted in a service-based business or setting.

Probability

The measure of the likelihood or chance that a particular event will occur, expressed as a number between 0 and 1.

System

A set of connected elements or components that function together as a complex whole, often described in terms of inputs, processes, outputs, and feedback.