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Exhibit 14-3
The quarterly numbers of applications for home mortgage loans at a branch office of a large bank are recorded in the table below.
-Refer to Exhibit 14-3. Use a moving average model to forecast these data, requesting 4 quarters of future forecasts. Use a span of 4 quarters.
Raw Materials
Basic materials used in the production process, transformed into finished goods through manufacturing.
Captive Finance Company
A subsidiary whose purpose is to provide financing to customers of a parent company, facilitating sales of the parent company's products.
Financing
The act of supplying capital for company operations, acquiring assets, or investing.
Major Kitchen Appliances
Large household appliances such as refrigerators, stoves, and dishwashers that are essential for kitchen operations.
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