Question: 1 In regression analysis, the dependent variable could be time. T F 2 To make an exponential smoothing forecast more reactive to trends, a lower

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In regression analysis, the dependent variable could be time.

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To make an exponential smoothing forecast more reactive to trends, a lower value of alpha should be used.

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3

The mean error of a forecast provides information concerning a forecasts bias.

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4

A moving average forecast can be superior to a simple average forecast because the moving average places more emphasis on recent data.

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5

In pyramid forecasting, the roll-up process involves adding together forecasts of product families or categories to determine an aggregate forecast.

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