Demand for a Certain Product Is Forecast to Be 800

question 112

Multiple Choice

Demand for a certain product is forecast to be 800 units per month,averaged over all 12 months of the year.The product follows a seasonal pattern,for which the January monthly index is 1.25.What is the seasonally-adjusted sales forecast for January?

• A)640 units
• B)798.75 units
• C)801.25 units
• D)1000 units
• E)83.33 units

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Definitions:

Technical Trading Strategies

Methods used by traders that rely on technical analysis and market indicators to make buy or sell decisions.

True Trend

The authentic direction in which a market or a stock's price is moving over a specific time period.

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A statistical measure that smooths out price data by creating a constantly updated average price over a specific period of time.

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Indications or signals used by investors to suggest the optimal time to purchase a stock or investment.