Exhibit 18

question 27

Multiple Choice

Exhibit 18.4.The following ratio-to-moving averages for the seasonally adjusted series were found by the decomposition method applied on a time series representing quarterly sales for the last four years: Refer to Exhibit 18.4.By how many percent the sales in Quarter 4 exceed the average quarterly sales?

• A)34.20%
• B)38.41%
• C)33.00%
• D)35.71%

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Definitions:

Million Years Ago

A term used to date events or phenomena that occurred a specific number of million years in the past, primarily used in geology and paleontology.

Infant Mortality Rate

A statistical measure that records the number of deaths of infants under one year of age per 1,000 live births.

Social Status

The position or rank of a person or group, within the society.

Birth Canal

The passage comprising the cervix, vagina, and vulva through which a fetus passes during childbirth.