Question: In using moving - average smoothing to generate forecasts, a three - month moving average will be preferred to a six - month moving average

In using moving-average smoothing to generate forecasts, a three-month moving average will be preferred to a six-month moving average
Multiple Choice
All of the options are correct.
if it has a lower RMSE.
if it has a lower mean-squared error.
if the true data cycle is three months.
If we have very little data to work with.
In using moving-average smoothing to generate forecasts, a three-month moving average

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!

Q:

in using moving average smoothing to genetrate forecast a three month moving average will be preffered to a six month moving average if ?if it has a lower RMSE, MSE or few data to work on, or all the...

Q:

in using moving average smoothing to genetrate forecast a three month moving average will be preffered to a six month moving average if

Q:

in using moving average smoothing to genetrate forecast a three month moving average will be preffered to a six month moving average if ?if it has a lower RMSE, MSE or few data to work on, or all the...

Q:

Question 1 Community General Hospital finds itself treating many bicycle accident victims. Data from the last seven 24-hour periods is shown below: Day Bicycle Victims 1 6 2 8 3 4 4 7 5 9 6 9 7 7...

Q:

Please answer Questions in RED rectangle: Time Month 1 January 2 February 3 March 4 April 5 May 6 June 7 July 8 August 9 September 10 October 11 November 12 December 13 January 14 February 15 March...

Q:

York University is looking for ways to increase enrollment. The Registrar's Office conducts the orientations for future students at the beginning of the month. As part of the planning, they...

Q:

Consider the following data for solving problems 1 , 2 , 3 & 5 : Month Demand Month Demand January 8 9 July 2 2 3 February 5 7 August 2 8 6 March 1 4 4 September 2 1 2 April 2 2 1 October 2 7 5 May 1...

Q:

please solve the questions in excel and provide excel file. 1) San Jose State University had received the following number of applications to its Engineering program in the last 5 years. a) What...

Q:

a b c d e 4. Company A wants to test three major forecasting techniques on a historical data that they have in terms of the forecasting accuracy on a certain product's weekly sales data. They have...

Q:

In using moving - average smoothing to generate forecasts, a three - month moving average will be preferred to a six - month moving average Multiple Choice If it has a lower mean - squared error. If...

Q:

Recall that U(Z20) is a group with multiplication modulo 20 as its operation. (i) List the elements of U(Z20), and find the order of the group. (ii) Use the Internal Characterization Theorem to show...

Q:

Gary Wilcox opened Garys Cosmetic Market on October 1. A 4% sales tax is calculated and added to all cosmetic sales. Gary offers no sales discounts. The following transactions occurred in April: 201X...

Q:

Question \ # 1 2 5 Points Vermont Castings, Inc. is preparing its manufacturing overhead budget for the year 2 0 2 4 . Relevant data consists of the following: Direct labor time: 4 hours per unit...

Q:

Financial Statements and Closing Entries Last Chance Company offers legal consulting advice to prison inmates. Last Chance Company prepared the end-of-period spreadsheet that follows at June 30,...