Question: Question 5 ( 1 point ) Using the latest observation in a sequence of data to forecast the next period is a moving average forecast.
Question point
Using the latest observation in a sequence of data to forecast the next period is
a moving average forecast.
a naive forecast.
an exponentially smoothed forecast.
an associative forecast.
a regression analysis.
Question point
Moving average forecasting techniques do the following:
Immediately reflect changing patterns in the data.
Lead changes in the data.
Smooth variations in the data.
Operate independently of recent data.
Assist when organizations are relocating.
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