Match the term with its most appropriate description assigns more weight to the most recent values in a time series. based on previous forecast plus a percentage of the forecast error. a measure of the strength and direction of relationship between two variables technique that averages a number of recent actual values and updated as new values become available Choose... Choose... Choose... Choose... < ¶ 4

Essentials of Business Analytics (MindTap Course List)
2nd Edition
ISBN:9781305627734
Author:Jeffrey D. Camm, James J. Cochran, Michael J. Fry, Jeffrey W. Ohlmann, David R. Anderson
Publisher:Jeffrey D. Camm, James J. Cochran, Michael J. Fry, Jeffrey W. Ohlmann, David R. Anderson
Chapter8: Time Series Analysis And_forecasting
Section: Chapter Questions
Problem 18P: Consider the following time series: Construct a time series plot. What type of pattern exists in...
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options are:

regression

moving average

weighted moving average

correlation

exponential smoothing

 

Match the term with its most appropriate description
assigns more weight to the most recent values in a time
series.
based on previous forecast plus a percentage of the
forecast error.
a measure of the strength and direction of relationship
between two variables
technique that averages a number of recent actual values
and updated as new values become available
Choose...
Choose...
Choose...
Choose...
<
¶
4
Transcribed Image Text:Match the term with its most appropriate description assigns more weight to the most recent values in a time series. based on previous forecast plus a percentage of the forecast error. a measure of the strength and direction of relationship between two variables technique that averages a number of recent actual values and updated as new values become available Choose... Choose... Choose... Choose... < ¶ 4
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