Models Such as Moving Averages,exponential Smoothing,and Linear Trend Use Only

question 85

Multiple Choice

Models such as moving averages,exponential smoothing,and linear trend use only

• A)future values of Y to forecast previous values of Y.
• B)previous values of Y to forecast future values of Y.
• C)multiple explanatory variables (not just values of Y)to forecast future values of Y.
• D)ratio-to-moving-average methods.

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Definitions:

Categories

Categories refer to distinct groups or classifications into which items, observations, or phenomena can be organized based on shared characteristics or attributes.

Chi-square

A statistical analysis designed to assess whether two categorical variables have a meaningful relationship.