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SCENARIO 2-3 Students in your class are making their oral presentations in front of the entire class.This oral presentation is the final part of a project that students have been working on for the past few months.You know from courses you have taken and from discussions with peers that there are perception shortcuts used when judging others.You are now wondering if your instructor will use any of these.
Jennifer has previously made two excellent presentations.The one she completed today is not as good as her first two, yet she still receives the same high grade.Which statement best explains the perception error the instructor may have made when evaluating Jennifer
Double Moving Average Model
A method used in time series analysis and forecasting that involves taking averages of averages to smooth data series and detect trends.
Trend
The general direction in which something is developing or changing over time.
Seasonal Effect
Variations in data or phenomena that occur at specific regular intervals within a year, attributable to the changing seasons.
Cyclical Effect
Economic fluctuations or trends that occur over regular time intervals, often related to business cycles.
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