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Author Question: The convention for weighted moving average forecasting is to assign the lowest weight to the most ... (Read 139 times)

jlmhmf

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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


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miss_1456@hotmail.com

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Reply #1 on: Jun 24, 2018
Answer to Question 1

FALSE

Answer to Question 2

TRUE


jlmhmf

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Reply #2 on: Jun 24, 2018
Correct answers!


miss_1456@hotmail.com

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Reply #3 on: Jun 24, 2018
Great! Please up vote :D


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