Multiple Choice
A moving average model works best when _____ in the time series.
A) only irregular variation is present
B) only a trend is present
C) there is no trend, seasonal, or cyclical pattern
D) trend, seasonal, and cyclical patterns exist
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q39: Explain the difference between a moving average
Q40: The smoothing constant, α, used in the
Q41: Using the sales data on a
Q42: Which is NOT true regarding simple exponential
Q43: Ed Rogers owns an appliance store.
Q45: Seasonal patterns can occur over the weeks
Q46: Using the sales data on a
Q47: An alternate name for planning horizon is
Q48: A Taiwan electronics company exports personal
Q49: _ forecasts are needed for planning production