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 135 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?

The eye muscles are the most active muscles in the whole body. The external muscles that move the eyes are the strongest muscles in the human body for the job they have to do. They are 100 times more powerful than they need to be.

Did you know?

Fungal nail infections account for up to 30% of all skin infections. They affect 5% of the general population—mostly people over the age of 70.

Did you know?

The first successful kidney transplant was performed in 1954 and occurred in Boston. A kidney from an identical twin was transplanted into his dying brother's body and was not rejected because it did not appear foreign to his body.

Did you know?

Symptoms of kidney problems include a loss of appetite, back pain (which may be sudden and intense), chills, abdominal pain, fluid retention, nausea, the urge to urinate, vomiting, and fever.

Did you know?

Most strokes are caused when blood clots move to a blood vessel in the brain and block blood flow to that area. Thrombolytic therapy can be used to dissolve the clot quickly. If given within 3 hours of the first stroke symptoms, this therapy can help limit stroke damage and disability.

Sample Exercise Prescription for Weight Training: Advanced Sample Exercise Prescription for Weight Training: Advanced
Upper Airflow and Weather Forecasting Upper Airflow and Weather Forecasting
Satellites in Weather Forecasting Satellites in Weather Forecasting
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, ...
Gently squeeze along the length of the arm with both hands, moving down the arm from shoulder to ... Gently squeeze along the length of the arm with both hands, moving down the arm from shoulder to ...
Hydrocarbon Numbering Convention Hydrocarbon Numbering Convention
Video: Secondary Active Transport

For a complete list of videos, visit our video library