Which of the following is true of 2-month moving average forecasting function extrapolation?
A) When forecasting ahead 4 periods, the last period forecast will be based on just forecasted values.
B) The final period forecast,t+4 will equalt+3
C) Each forecasted value will equal the mean of the last two actual data values.
D) The valuet+4 should not be used as only a 2-month ahead forecast is valid.
Correct Answer:
Verified
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