The forecasting method that is appropriate when the time series has no significant trend,cyclical,or seasonal pattern is
A)moving average.
B)mean squared error.
C)mean average error.
D)qualitative forecasting.

Question

Quizplus · Accepted Answer

The moving average method is appropriate for forecasting when the time series data does not exhibit significant trends, cyclical patterns, or seasonality. It smooths out short-term fluctuations and highlights longer-term trends or cycles by averaging a number of past data points.

The Forecasting Method That Is Appropriate When the Time Series