If Brandon Edward Were Working to Develop a Forecast Using

question 102

Multiple Choice

If Brandon Edward were working to develop a forecast using a moving averages approach, but he noticed a detectable trend in the historical data, he should:

• A) use weights to place more emphasis on recent data.
• B) use weights to minimize the importance of the trend.
• C) change to an associative multiple regression approach.
• D) use a simple moving average.
• E) change to a qualitative approach.

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Definitions:

Interests and Hobbies

Activities or subjects a person enjoys doing or studying in their leisure time for pleasure and relaxation.

Job-Related

Activities, tasks, or responsibilities that are part of an individual's employment role or professional duties.

Skills

The abilities acquired through practice and education to perform tasks efficiently and effectively.

EKGs

Electrocardiograms, which are tests that measure the electrical activity of the heart to detect heart problems.