The moving averages method refers to a forecasting method that
a. is used when considerable trend, cyclical, or seasonal effects are present.
b. uses regression relationship based on past time series values to predict the future time series values.
c. relates a time series to other variables that are believed to explain or cause its behavior.
d. uses the average of the most recent data values in the time series as the forecast for the next period.
d
RATIONALE: The moving averages method refers to a forecasting method that uses the average of the most recent data values in the time series as the forecast for the next period.
You might also like to view...
PepsiCo experienced great success in Latin America with its Numeromania contest, which lured consumers by promising big cash prizes. They used the same contest in Poland successfully. This shows that:
A) Numeromania can be used in different languages. B) Numeromania can be used in cash starved countries. C) leverage experience gained in one country can be used in another country. D) economically squeezed consumers love Pepsi. E) Numeromania helped in developing a taste for Pepsi in both countries.
What should a presenter do before giving the actual presentation?
What will be an ideal response?
To learn more about a company and its inherent risks, auditors can use which of the following resources?
a. Management inquiries. b. Economic statistics. c. Online searches. d. Any of the above could be used.
Criminal action is more common when frauds involve other organizations
Indicate whether the statement is true or false