__________is a forecasting technique that uses a weighted average of past time-series values to forecast the value of the time series in the next period.
A) A moving average forecast
B) Single exponential smoothing
C) A grassroots forecast
D) Regression analysis

Question

Quizplus · Accepted Answer

Single exponential smoothing is a forecasting technique that uses a weighted average of past time-series values, where the weights decrease exponentially as the observations come from further in the past, to forecast the value of the time series in the next period.

__________Is a Forecasting Technique That Uses a Weighted Average of Past