The "weights" in the weighted moving average method are unequal and typically decrease with the age of the observation.

Name: The "weights" in the weighted moving average method are unequal and typically decrease with the age of the observation.
Brand: Quizplus
Rating: 4.9 (39 reviews)

Question

Quizplus · Accepted Answer

This is true, as the weighted moving average places greater emphasis on more recent observations and thus the weights assigned to each observation typically decrease as the observation gets older.

The "Weights" in the Weighted Moving Average Method Are Unequal