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Defective,damaged,or Otherwise Unsuitable Merchandise That Is Returned to the Seller

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Defective,damaged,or otherwise unsuitable merchandise that is returned to the seller is referred to as purchase allowances by the purchaser.


Definitions:

3-year Moving Averages

A method to smooth out data over a three-year period to identify trends and patterns.

Seasonal Variation

Refers to periodic fluctuations in data or variables that occur at or depend on specific times of the year.

Moving Average Method

A statistical technique used to analyze time series data by calculating averages of different subsets of the complete dataset.

9-year Moving Averages

A method of smoothing data by calculating the average of different subsets of the total data period of nine years each.

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