Which of the Following Time Series Forecasting Methods Would Not

question 22

Multiple Choice

Which of the following time series forecasting methods would not be used to forecast seasonal data?

• A)Dummy variable regression
• B)Simple exponential smoothing
• C)Time series decomposition
• D)Multiplicative Winters method

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Definitions:

Population Distributions

The spread of a characteristic within a whole population, reflecting how frequently different values occur.

Nonparametric Methods

Nonparametric methods are statistical techniques that do not assume a specific distribution for the data, often used when data do not meet the assumptions required by parametric methods.

Ordinal Data

A type of categorical data in which the categories have a natural order or ranking, but the intervals between the categories are not necessarily equal.

Wilcoxon Signed Rank

A nonparametric statistical test used to compare two related samples, matched samples, or repeated measurements on a single sample to assess whether their population mean ranks differ.