Which of the following forecasting methods allows the decision maker to weigh the past time series differently to make the model more sensitive to more recent data?
A) Linear trend regression model
B) Moving average model
C) Exponential smoothing
D) Deseasonalizing the time series

Question

Quizplus · Accepted Answer

Exponential smoothing allows the decision maker to apply different weights to past observations, typically giving more weight to more recent data. This makes the model more responsive to recent changes in the data pattern.

Which of the Following Forecasting Methods Allows the Decision Maker