Which of the following statements regarding time-series methods is FALSE?
◦ A simple moving average of three periods is identical to exponential smoothing with an alpha equal to 0.33.
◦ A naive forecast is identical to a simple moving average of one period.
◦ Exponential smoothing with an alpha equal to 1.00 is identical to a n

ive forecast.
◦ A weighted moving average with weights of 0.5 and 0.5 is identical to a simple moving average of two periods.