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 127 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?

Acute bronchitis is an inflammation of the breathing tubes (bronchi), which causes increased mucus production and other changes. It is usually caused by bacteria or viruses, can be serious in people who have pulmonary or cardiac diseases, and can lead to pneumonia.

Did you know?

When blood is deoxygenated and flowing back to the heart through the veins, it is dark reddish-blue in color. Blood in the arteries that is oxygenated and flowing out to the body is bright red. Whereas arterial blood comes out in spurts, venous blood flows.

Did you know?

Atropine was named after the Greek goddess Atropos, the oldest and ugliest of the three sisters known as the Fates, who controlled the destiny of men.

Did you know?

Cancer has been around as long as humankind, but only in the second half of the twentieth century did the number of cancer cases explode.

Did you know?

Green tea is able to stop the scent of garlic or onion from causing bad breath.

Explaining “Moving Continents”— The Theory of Plate Tectonics Explaining “Moving Continents”— The Theory of Plate Tectonics
Measuring the Weight and Length of an Infant Measuring the Weight and Length of an Infant
Upper Airflow and Weather Forecasting Upper Airflow and Weather Forecasting
A 2-fold serial dilution showing the result of moving 0.2 ml of green food coloring successively ... A 2-fold serial dilution showing the result of moving 0.2 ml of green food coloring successively ...
Apply effleurage to both sides of the upper trapezius using loose fists. When moving laterally, ... Apply effleurage to both sides of the upper trapezius using loose fists. When moving laterally, ...
QTL Analysis of Tomato Weight in Backcross Progeny QTL Analysis of Tomato Weight in Backcross Progeny
Video: The Lagging Strand in DNA Replication and Replication in Action

For a complete list of videos, visit our video library