The SMA is popular in various fields including finance, economics, and other forms of time-series analysis. In financial markets, the SMA is widely used to assess price trends and generate trading signals. Its simplicity makes it ideal for beginners, and it is often employed in conjunction with other technical indicators to provide a balanced view of the market. Furthermore, its transparency and ease of computation make it a reliable tool for quickly assessing the general movement of a data series. Late payments of council tax can result in late fees, penalties, and even legal action in extreme cases.
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