"A Simple Moving Average Was Good Enough for My Dad

question 4

Short Answer

"A simple moving average was good enough for my dad, and it's good enough for me," Ethan declared as he prepared his forecast. The assistant dean knew that the size of incoming MBA classes had been increasing dramatically over the previous few semesters and that the forecasts Ethan would prepare using his father's method would ________ the actual size of the incoming class.

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Definitions:

Wrongful Acts

Wrongful acts refer to actions or behaviors that are illegal or morally incorrect, often leading to harm or injury and potentially resulting in legal liability.

Principal

The main party involved in a contract or agreement, or the head of a school.

Agent

A person or entity authorized to act on behalf of another person or entity in a particular transaction or legal situation.

Apparent Authority

The appearance or assumption of authority based on the actions or statements of the presumed principal, irrespective of whether true authority exists.