A TIME SERIES forecasting model in which the forecast for the next period is the actual value for the current period is the
A)Delphi model.
B)Holt's model.
C)naïve model.
D)exponential smoothing model.

Question

Quizplus · Accepted Answer

The naïve model assumes that the future value of a time series is equal to the current value. It is often used as a baseline model for comparison with more complex forecasting models.

A TIME SERIES Forecasting Model in Which the Forecast for the Next