When using a moving average of order k to forecast,a small value for k is preferred if only the most recent values of the time series are considered relevant.

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When a small value of k is used in a moving average, it places more weight on the most recent values of the time series, making it more appropriate for forecasting when only the most recent values are relevant. A larger value of k would place more weight on older values and may not be appropriate in this case.

When Using a Moving Average of Order K to Forecast,a