Which of the following is the simplest forecasting method?
A) Naïve
B) Moving average
C) Weighted moving average
D) Trend adjusted exponential smoothing
E) Linear regression

Question

Quizplus · Accepted Answer

Naïve forecasting method is the simplest method that assumes the future values will be the same as the most recent actual value. It is easy to understand and implement, making it a good choice for short-term forecasting where the past trend is expected to continue.

Which of the Following Is the Simplest Forecasting Method