This topic contains a solution. Click here to go to the answer

Author Question: The convention for weighted moving average forecasting is to assign the lowest weight to the most ... (Read 57 times)

jlmhmf

  • Hero Member
  • *****
  • Posts: 552
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
Answer to Question 1

FALSE

Answer to Question 2

TRUE





 

Did you know?

Oliver Wendell Holmes is credited with introducing the words "anesthesia" and "anesthetic" into the English language in 1846.

Did you know?

The horizontal fraction bar was introduced by the Arabs.

Did you know?

Cytomegalovirus affects nearly the same amount of newborns every year as Down syndrome.

Did you know?

Stroke kills people from all ethnic backgrounds, but the people at highest risk for fatal strokes are: black men, black women, Asian men, white men, and white women.

Did you know?

The first oral chemotherapy drug for colon cancer was approved by FDA in 2001.

For a complete list of videos, visit our video library