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 118 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?

Vampire bats have a natural anticoagulant in their saliva that permits continuous bleeding after they painlessly open a wound with their incisors. This capillary blood does not cause any significant blood loss to their victims.

Did you know?

There can actually be a 25-hour time difference between certain locations in the world. The International Date Line passes between the islands of Samoa and American Samoa. It is not a straight line, but "zig-zags" around various island chains. Therefore, Samoa and nearby islands have one date, while American Samoa and nearby islands are one day behind. Daylight saving time is used in some islands, but not in others—further shifting the hours out of sync with natural time.

Did you know?

Never take aspirin without food because it is likely to irritate your stomach. Never give aspirin to children under age 12. Overdoses of aspirin have the potential to cause deafness.

Did you know?

A recent study has found that following a diet rich in berries may slow down the aging process of the brain. This diet apparently helps to keep dopamine levels much higher than are seen in normal individuals who do not eat berries as a regular part of their diet as they enter their later years.

Did you know?

The Romans did not use numerals to indicate fractions but instead used words to indicate parts of a whole.

On average, students in Roman Catholic schools score higher on national tests than students in ... On average, students in Roman Catholic schools score higher on national tests than students in ...
Hurricane Forecasting Hurricane Forecasting
A Scatterplot of the Test Scores and Average Grades of 10 Students A Scatterplot of the Test Scores and Average Grades of 10 Students
Environmental and Lifestyle Factors of Weight Gain Environmental and Lifestyle Factors of Weight Gain
Average Distribution of Incoming Solar Radiation Average Distribution of Incoming Solar Radiation
Relationship between birth weight and mortality in humans Relationship between birth weight and mortality in humans
Video: Calvin cycle (The light-independent reactions )

For a complete list of videos, visit our video library