The simple exponential smoothing method for forecasting is different from the simple moving averages method for which of the following reasons? Question 25 options: It allows for forecasting with time series data demonstrating a linear trend It provides forecasts that are weighted averages of all the previous actual values of the time series It captures seasonality in time series data in a more accurate manner. It requires more time periods to be considered for forecasting a current period
The simple exponential smoothing method for forecasting is different from the simple moving averages method for which of the following reasons? Question 25 options: It allows for forecasting with time series data demonstrating a linear trend It provides forecasts that are weighted averages of all the previous actual values of the time series It captures seasonality in time series data in a more accurate manner. It requires more time periods to be considered for forecasting a current period
Database System Concepts
7th Edition
ISBN:9780078022159
Author:Abraham Silberschatz Professor, Henry F. Korth, S. Sudarshan
Publisher:Abraham Silberschatz Professor, Henry F. Korth, S. Sudarshan
Chapter1: Introduction
Section: Chapter Questions
Problem 1PE
Related questions
Question
The simple exponential smoothing method for forecasting is different from the simple moving averages method for which of the following reasons?
Question 25 options:
|
It allows for forecasting with time series data demonstrating a linear trend |
|
It provides forecasts that are weighted averages of all the previous actual values of the time series |
|
It captures seasonality in time series data in a more accurate manner. |
|
It requires more time periods to be considered for forecasting a current period |
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 2 steps
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, computer-science and related others by exploring similar questions and additional content below.Recommended textbooks for you
Database System Concepts
Computer Science
ISBN:
9780078022159
Author:
Abraham Silberschatz Professor, Henry F. Korth, S. Sudarshan
Publisher:
McGraw-Hill Education
Starting Out with Python (4th Edition)
Computer Science
ISBN:
9780134444321
Author:
Tony Gaddis
Publisher:
PEARSON
Digital Fundamentals (11th Edition)
Computer Science
ISBN:
9780132737968
Author:
Thomas L. Floyd
Publisher:
PEARSON
Database System Concepts
Computer Science
ISBN:
9780078022159
Author:
Abraham Silberschatz Professor, Henry F. Korth, S. Sudarshan
Publisher:
McGraw-Hill Education
Starting Out with Python (4th Edition)
Computer Science
ISBN:
9780134444321
Author:
Tony Gaddis
Publisher:
PEARSON
Digital Fundamentals (11th Edition)
Computer Science
ISBN:
9780132737968
Author:
Thomas L. Floyd
Publisher:
PEARSON
C How to Program (8th Edition)
Computer Science
ISBN:
9780133976892
Author:
Paul J. Deitel, Harvey Deitel
Publisher:
PEARSON
Database Systems: Design, Implementation, & Manag…
Computer Science
ISBN:
9781337627900
Author:
Carlos Coronel, Steven Morris
Publisher:
Cengage Learning
Programmable Logic Controllers
Computer Science
ISBN:
9780073373843
Author:
Frank D. Petruzella
Publisher:
McGraw-Hill Education