Which Time-Series Model Below Assumes That Demand in the Next

question 121

Multiple Choice

Which time-series model below assumes that demand in the next period will be equal to the most recent period's demand?

• A)naïve approach
• B)moving average approach
• C)weighted moving average approach
• D)exponential smoothing approach
• E)trend projection

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Definitions:

Dependent Variable

A variable in an experiment that is expected to change as a result of manipulations of the independent variable.

Extraneous Variable

Any variable in a scientific experiment that is not the independent or dependent variable but may affect the results of the experiment if not properly controlled.

Random Assignment

A method used in experiments where participants are allocated to different groups purely by chance, minimizing pre-existing differences between those groups.

Experimental Groups

In research, groups of participants that are exposed to the independent variable or treatment of interest, to assess its effect on various outcomes.