Exhibit 11.2 The Following Questions Use the Data Below

question 112

Multiple Choice

Exhibit 11.2
The following questions use the data below.
Honest Al's Used Cars wants to predict how many cars are sold each month. He has collected data for 12 months. He needs your help in analyzing this data using weighted moving averages.
-Refer to Exhibit 11.2. What formula should be entered in cell C6 to compute the 2-month weighted moving average forecast for month 3?

• A) =F3*B4+F4*B3
• B) =$F$3*B4+$F$4*B3
• C) =(B3+B4)/2
• D) =SUMPRODUCT($F$3:$F$4,B3:B4)

---

Definitions:

Press Button

A simple mechanical or electronic device that is pressed to activate or control a mechanism or system.

Payoff

The return or reward received from an investment or action, often used in the context of games and economic scenarios.

Chicken

A common type of poultry raised for its meat and eggs, and one of the most widespread domestic animals worldwide.

Payoff

The return or reward received from making a certain choice or taking a specific action, especially in games or economic contexts.