Question: Select all that apply The five basic smoothing techniques discussed in this chapter have what common characteristics? Multiple select question. All time - series data
Select all that apply
The five basic smoothing techniques discussed in this chapter have what common characteristics?
Multiple select question.
All timeseries data to be forecast are assumed to have some cycles or fluctuations that tend to recur.
All use a form of weighted average of past observations.
A form of future observations is incorporated into the smoothing calculation.
Only the past history of the time series is necessary to produce the forecast.
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
