This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: The convention for weighted moving average forecasting is to assign the lowest weight to the most ... (Read 123 times)

jlmhmf

  • Hero Member
  • *****
  • Posts: 552
on: Jun 24, 2018
The convention for weighted moving average forecasting is to assign the lowest weight to the most recent data and the highest weight to the oldest data with the reasoning that the most recent data is more relevant.
 
  Indicate whether the statement is true or false

Question 2

Increasing the number of periods in a simple moving average forecast causes the forecasting technique to be less responsive to changes in the historical data.
 
  Indicate whether the statement is true or false


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

miss_1456@hotmail.com

  • Sr. Member
  • ****
  • Posts: 289
Reply #1 on: Jun 24, 2018
Answer to Question 1

FALSE

Answer to Question 2

TRUE


jlmhmf

  • Hero Member
  • *****
  • Posts: 552
Reply #2 on: Jun 24, 2018
Correct answers!


miss_1456@hotmail.com

  • Sr. Member
  • ****
  • Posts: 289
Reply #3 on: Jun 24, 2018
Great! Please up vote :D


« previous next »
 

Did you know?

Automated pill dispensing systems have alarms to alert patients when the correct dosing time has arrived. Most systems work with many varieties of medications, so patients who are taking a variety of drugs can still be in control of their dose regimen.

Did you know?

Nearly all drugs pass into human breast milk. How often a drug is taken influences the amount of drug that will pass into the milk. Medications taken 30 to 60 minutes before breastfeeding are likely to be at peak blood levels when the baby is nursing.

Did you know?

Vaccines cause herd immunity. If the majority of people in a community have been vaccinated against a disease, an unvaccinated person is less likely to get the disease since others are less likely to become sick from it and spread the disease.

Did you know?

The top five reasons that children stay home from school are as follows: colds, stomach flu (gastroenteritis), ear infection (otitis media), pink eye (conjunctivitis), and sore throat.

Did you know?

The longest a person has survived after a heart transplant is 24 years.

Average optimal blood pressure for age Average optimal blood pressure for age
Myths and Facts About Weight Loss Myths and Facts About Weight Loss
Hurricane Forecasting Hurricane Forecasting
Maintaining Weight Loss Maintaining Weight Loss
A solution is 2.25% by weight KHCO3. How many grams of KHCO3 are in 150.0 g of solution? A solution is 2.25% by weight KHCO3. How many grams of KHCO3 are in 150.0 g of solution?
Describe the Conceptual Forecasting Framework in your own words. Describe the Conceptual Forecasting Framework in your own words.
Video: Activation Energy - Valence Electrons

For a complete list of videos, visit our video library