Which of the Following Is the Simplest Forecasting Method

question 94

Multiple Choice

Which of the following is the simplest forecasting method?

• A) Naïve
• B) Moving average
• C) Weighted moving average
• D) Trend adjusted exponential smoothing
• E) Linear regression

---

Definitions:

Ambiguity

Ambiguity involves situations or information that are unclear, uncertain, or open to more than one interpretation, often leading to confusion or misunderstanding.

Uncertainty

A condition characterized by a lack of sufficient knowledge, making it difficult to precisely define the current situation, predict a future event, or identify multiple potential outcomes.

Certainty

The state or quality of being free from doubt or reservations; a condition of being sure about something.

Objectivity

The practice of basing judgments and decisions on observable phenomena and uninfluenced by emotions or personal biases.