If a time series has seasonality but no trend, the most appropriate model used for forecasting is the Holt-Winters multiplicative model.

Name: If a time series has seasonality but no trend, the most appropriate model used for forecasting is the Holt-Winters multiplicative model.
Brand: Quizplus
Rating: 4.9 (34 reviews)

Question

Quizplus · Accepted Answer

The Holt-Winters multiplicative model is suitable for data with both trend and seasonality. For data with only seasonality, a simpler seasonal model without trend components would be more appropriate.

If a Time Series Has Seasonality but No Trend, the Most