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It is estimated that in 2007, Mexico had a population of 110 million and GDP of $1 trillion. In 2006, Mexico's population was 104 million and GDP was $839 billion. Per GDP person ________ by ________ between 2006 and 2007 in Mexico.
Previous Forecast
An estimation or prediction made in the past about future events or conditions, often used as a reference for current planning.
Four-month Moving Average
A method to smooth out data series by averaging the data over four-month periods, often used to identify trends.
Forecast for May
A predictive analysis or estimate of events or trends that will occur in May, often used in sales, marketing, or production planning.
Weighted Moving Average Method
A forecasting technique that assigns different weights to historical data points, giving more importance to more recent data.
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