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

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Definitions:

Geologist's Interpretation

The process by which geologists analyze and explain geological features and formations based on observations and data.

Drilling Exploration

The process of examining the subsurface of the Earth by drilling boreholes to locate natural resources.

Computer Model

A simulation or representation of a complex real-world system using computer algorithms to predict its behavior under various scenarios.

Seismic-reflection Study

A method used in geophysics to explore subsurface structures by sending seismic waves into the earth and analyzing the reflected waves.