Solved

Consider the Following to Answer the Question(s) Below

Question 16

Multiple Choice

Consider the following to answer the question(s) below:
Annual estimates of the population in a certain city from 2005 (t = 1) onward are shown in the time series graph below. Consider the following to answer the question(s)  below: Annual estimates of the population in a certain city from 2005 (t = 1)  onward are shown in the time series graph below.   -The forecasting method that will most likely be best for this time series is A)  single exponential smoothing with α = 0.1. B)  quadratic trend. C)  moving average with L = 2. D)  naïve. E)  linear trend.
-The forecasting method that will most likely be best for this time series is


A) single exponential smoothing with α = 0.1.
B) quadratic trend.
C) moving average with L = 2.
D) naïve.
E) linear trend.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions