Question: Select all that apply The five basic smoothing techniques discussed in this chapter have what common characteristics? Multiple select question. Only the past history of
Select all that apply
The five basic smoothing techniques discussed in this chapter have what common characteristics?
Multiple select question.
Only the past history of the time series is necessary to produce the forecast.
A form of future observations is incorporated into the smoothing calculation.
All use a form of weighted average of past observations.
All timeseries data to be forecast are assumed to have some cycles or fluctuations that tend to recur.
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