Question: The forecasting method that involves using an average of past observations to predict the future ( if the forecaster feels that the future is a
The forecasting method that involves using an average of past observations to predict the future if the forecaster feels that the future is a reflection of some average of past results is the
moving average method.
econometric forecasting method.
exponential smoothing method.
Both A and
Both A and
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
