Question: Associate the situation on the left with the most appropriate forecasting method below: a. You want to use a straight line equation to make predictions

Associate the situation on the left with the most appropriate forecasting method below:

a. You want to use a "straight line" equation to make predictions

-Linear Regression

-Simple Moving average of order k with a k value

-Exponential smoothing method with a small value of alpha

-Exponential smoothing method with a large value of alpha.

b. You have only one historical data value available

-Linear Regression

-Simple Moving average of order k with a k value

-Exponential smoothing method with a small value of alpha

-Exponential smoothing method with a large value of alpha.

c. You have data with both seasonal and trend patterns

-Linear Regression

-Simple Moving average of order k with a k value

-Exponential smoothing method with a small value of alpha

-Exponential smoothing method with a large value of alpha

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