Using the Latest Value in a Sequence of Data to Forecast

question 25

Multiple Choice

Using the latest value in a sequence of data to forecast the next period is:

• A) a moving-average forecast.
• B) a last-value forecast.
• C) an exponentially smoothed forecast.
• D) a causal forecast.
• E) None of the answer choices is correct.

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Definitions:

Tombstone Advertisement

A brief newspaper advertisement alerting prospective shareholders that an issuer is offering to sell the securities described in the advertisement.

Registration Statement

A set of documents, including financial statements and a prospectus, filed with a regulatory body to register new securities for sale to the public.

Insurance Policy

A contract between an individual or entity and an insurance company, outlining the terms under which the insurer agrees to compensate the insured for specific losses, damages, illnesses, or death in return for premiums paid.

Exempt

To be free from an obligation or liability imposed on others.