Exhibit 11.2 The Following Questions Use the Data Below

question 50

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 would be the forecasted value for time period 13?

• A) 83.024.
• B) 80.796.
• C) 79.245.
• D) 79.908.

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Definitions:

Blank Indorsement

A signature by the holder on the back of a negotiable instrument, such as a check, without specifying a particular endorsee, thereby making the instrument payable to the bearer.

Qualified Indorsement

An indorsement on a negotiable instrument in which the indorser disclaims any contract liability on the instrument; the notation “without recourse” is commonly used to create a qualified indorsement.

Restrictive

Imposing limitations or conditions on use, action, or movement.

Bearer Instrument

A negotiable financial instrument that is payable to the holder or presenter.