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Exhibit 17-1 Below You Are Given the First Five Values of a of a Quarterly

Question 45

Multiple Choice

Exhibit 17-1
Below you are given the first five values of a quarterly time series. The multiplicative model is appropriate and a four-quarter moving average will be used. Exhibit 17-1 Below you are given the first five values of a quarterly time series. The multiplicative model is appropriate and a four-quarter moving average will be used. -Refer to Exhibit 17-1. An estimate of the trend component times the cyclical component (T<sub>2</sub>C<sub>t</sub>) for Quarter 3 of Year 1, when a four-quarter moving average is used, is A) 24 B) 25 C) 26 D) 28
-Refer to Exhibit 17-1. An estimate of the trend component times the cyclical component (T2Ct) for Quarter 3 of Year 1, when a four-quarter moving average is used, is


A) 24
B) 25
C) 26
D) 28

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