In Using a Moving Average Forecasting Technique,as the Number of Averaging

question 34

Multiple Choice

In using a moving average forecasting technique,as the number of averaging period,k,increases:

• A)the forecast will respond more quickly to recent changes in the data
• B)the forecast will be more accurate especially if the data exhibits a trend
• C)the moving average will increase in value
• D)the moving average approximates the weighted moving average
• E)the moving average will smooth out variations

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Definitions:

Delegates

Individuals chosen to represent others, typically in a conference or a convention; in politics, they often have the authority to vote on behalf of the group they represent.

Upper Class

A social group at the top of a societal hierarchy, often possessing significant wealth, power, and influence.

Tyranny

Oppressive rule exercised by a government or ruler with absolute power, often characterized by a lack of regard for the welfare of the governed.

Separation of Powers

A governance principle that divides the responsibilities and powers of government among distinct branches to prevent abuse of power.