Using a Three-Month Moving Average,the Forecast Value for October Made

question 8

Multiple Choice

Using a three-month moving average,the forecast value for October made at the end of September in the following time series would be ___.

• A)11.60
• B)10.00
• C)9.07
• D)8.06
• E)9.67

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Definitions:

Tax

A compulsory financial charge or other levy imposed upon a taxpayer by a governmental organization in order to fund government spending and various public expenditures.

Net Value

Net value is the difference between the total assets and total liabilities of a company or individual, indicating the actual worth.

Excise Tax

A type of tax charged on goods and services produced within a country, often imposed on specific items like tobacco and alcohol.

Demand Curve

A graph showing the relationship between the price of a good or service and the quantity demanded by consumers, typically downward-sloping.