Which of the Following Statements Regarding Time-Series Methods Is FALSE

question 162

Multiple Choice

Which of the following statements regarding time-series methods is FALSE?

• A)A naive forecast is identical to a simple moving average of one period.
• B)Exponential smoothing with an alpha equal to 1.00 is identical to a naive forecast.
• C)A weighted moving average with weights of 0.5 and 0.5 is identical to a simple moving average of two periods.
• D)A simple moving average of three periods is identical to exponential smoothing with an alpha equal to 0.33.

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Definitions:

Combination of L and C

A concept relating to electrical engineering, where L represents inductance and C capacitance, forming a resonant circuit often used in radio frequency applications.

Least-Cost Rule

A principle in economics that production should be carried out in a way that minimizes the cost of inputs, ensuring that resources are used efficiently.

Unit Cost

The amount a company spends to create, store, and market one instance of a certain product or service.

Least-Cost Combination

The least-cost combination is an economic principle that refers to the mix of factors of production that minimizes costs for a given level of output.