True/False
In the first-order exponential smoothing model,the new forecast is equal to a weighted average of the old forecast and the actual value in the most recent period.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q3: All of the following are criteria used
Q4: If two alternative economic models are offered,other
Q5: Simplified trend models are generally appropriate for
Q6: For studying demand relationships for a proposed
Q7: The variation in an economic time-series which
Q9: The use of quarterly data to develop
Q10: Regarding forecasting,which of the following statements is
Q11: Consumer expenditure plans is an example of
Q12: The type of economic indicator that can
Q13: Which of the following barometric indicators would