Which of the Following Statements Are True Regarding the Difference

question 103

Multiple Choice

Which of the following statements are true regarding the difference between forecasts using exponential smoothing and forecasts using a weighted moving average method?

• A) The exponential smoothing forecasts will have a steeper trend line.
• B) The weighted moving average forecasts will form a level line of constant value.
• C) The exponential smoothing forecasts will form a level line of constant value.
• D) The exponential smoothing forecasts will do a better job of capturing the underlying trend in the data.

---

Definitions:

Resource Allocation

The process of distributing available resources among various competing needs and wants.

Laissez-Faire

An economic philosophy of free-market capitalism that opposes government intervention.

Circular Flow

A model in economics that illustrates how money moves through an economy between producers and consumers, highlighting the interdependencies of different economic sectors.

Public Ownership

Ownership of assets by the government or public entities, as opposed to private individuals or companies.