In the weighted moving average forecast, weights are typically?
A) Descending as data is older
B) Ascending as data is older
C) The same for each period
D) Added to each forecast

Question

Quizplus · Accepted Answer

In the weighted moving average forecast, weights are typically descending as data is older. This is because more recent data is considered to be more relevant and should have a larger impact on the forecast.

In the Weighted Moving Average Forecast, Weights Are Typically