Question: The moving average in forecasting is useful because it: a . eliminates the trend. b . smooths the random fluctuations. c . counteracts the seasonal

The moving average in forecasting is useful because it:
a. eliminates the trend.
b. smooths the random fluctuations.
c. counteracts the seasonal variations.
d. approximates the period average.
 The moving average in forecasting is useful because it: a. eliminates

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!