Moving averages cannot predict a trend,they are only used for seasonal variation.
Correct Answer:
Verified
Q25: Seasonal factors are always less than or
Q26: What are the random variations component of
Q27: What is the trend component of a
Q28: What are the seasonal fluctuations of a
Q29: A negative MAD indicates a forecast that
Q31: The forecast tells an organization how much
Q32: Discuss the two difficulties commonly found with
Q33: Our objective in exponential forecasting is to
Q34: Adaptive forecasting models self-adjust by increasing or
Q35: Why might a company use the Delphi
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents