The Moving Averages Method Refers to a Forecasting Method That

question 53

Multiple Choice

The moving averages method refers to a forecasting method that:

• A) moves up the average of every subsequent forecast by one.
• B) uses regression relationship based on past time series values to predict the future time series values.
• C) relates a time series to other variables that are believed to explain or cause its behavior.
• D) uses the average of the most recent data values in the time series as the forecast for the next perioD)

---

Definitions:

Net Income

The total earnings of a company after subtracting all expenses, taxes, and costs, reflecting the actual profit made.

Gross Profit

The financial difference between the revenue generated from sales and the cost of goods sold, not accounting for other operating expenses.