Which of the following is true of 2-month moving average forecasting function extrapolation?
A) When forecasting ahead 4 periods, the last period forecast will be based on just forecasted values.
B) The final period forecast, will equal .
C) Each forecasted value will equal the mean of the last two actual data values.
D) The value should not be used as only a 2-month ahead forecast is valid.

Question

Which of the following is true of 2-month moving average forecasting function extrapolation?
A) When forecasting ahead 4 periods, the last period forecast will be based on just forecasted values. 
B) The final period forecast, will equal . 
C) Each forecasted value will equal the mean of the last two actual data values. 
D) The value should not be used as only a 2-month ahead forecast is valid.

Quizplus · Accepted Answer

The Answer of Which of the following is true of 2-month moving average forecasting function extrapolation?
A) When forecasting ahead 4 periods, the last period forecast will be based on just forecasted values. 
B) The final period forecast, will equal . 
C) Each forecasted value will equal the mean of the last two actual data values. 
D) The value should not be used as only a 2-month ahead forecast is valid.

Which of the Following Is True of 2-Month Moving Average