Question: A ( n ) . uses a single previous value of a time series as the basis of a forecast. This approach can be used

A(n). uses a single previous value of a time series as the basis of a forecast. This approach can be used with a stable series, with seasonal variations, or with trend.
associative forecast
demand forecast
Delphi forecast
naive forecast
 A(n). uses a single previous value of a time series as

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!