Question: Associate the situation on the left with the most appropriate forecasting method on the right. You want to weigh recent data points heavier than older
Associate the situation on the left with the most appropriate forecasting method on the right.
You want to weigh recent data points heavier than older ones.
Choose
Choose
Simple moving average of order with a large value. Exponential smoothing method with a large value of alpha. Linear regression.
Exponential smoothing method with a small value of alpha.
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