A Forecast Based on the Previous Forecast Plus a Percentage

question 130

Multiple Choice

A forecast based on the previous forecast plus a percentage of the forecast error is:

• A)a naive forecast.
• B)a simple moving average forecast.
• C)a centered moving average forecast.
• D)an exponentially smoothed forecast.
• E)an associative forecast.

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Definitions:

Counterculture

A way of life and set of attitudes opposed to or at variance with the prevailing social norm; often associated with movements in the 1960s.

Subculture

A cultural group within a larger culture, often having beliefs or interests at variance with those of the larger culture.

Subaltern Culture

Cultures and groups occupying positions of lesser power and voice in society, often marginalized and overlooked.

Subversive Culture

Cultural practices or movements that challenge, undermine, or resist authority, societal norms, or dominant ideologies.