Question: Identify the true statements about the weighted moving average forecast. Multiple select question. It is more reflective of older trends than more recent trends. The
Identify the true statements about the weighted moving average forecast.
Multiple select question.
It is more reflective of older trends than more recent trends.
The weights must sum to
It involves the use of trial and error to find a suitable weighting scheme.
It typically assigns less weight to the most recent values in a time series.
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