Which Forecasting Model Is Likely to Yield the Most Accurate

question 1

Multiple Choice

Which forecasting model is likely to yield the most accurate forecast?

• A) manual tally
• B) simple average
• C) exponential smoothing
• D) moving average

---

Definitions:

Health Maintenance Organizations

A type of health insurance plan that provides comprehensive healthcare services to enrolled members for a fixed, prepaid fee.

Preferred Provider Organizations

Health insurance plans that offer members lower copayments if they use doctors, hospitals, and other healthcare providers that belong to the plan's network.

Deductible

A specific amount of money that an insured individual must pay before an insurance company pays a claim, commonly used in health, auto, and home insurance policies.

Coinsurance

A form of insurance coverage in which the insured party and the insurer share the costs of covered healthcare services according to a predetermined percentage.