A sophisticated forecasting approach based on the moving average concept is known as a __________.
A) autoregressive integrated moving average
B) time-series technique
C) moving average
D) exponential smoothing

Question

Quizplus · Accepted Answer

The autoregressive integrated moving average (ARIMA) is a sophisticated forecasting approach that extends the moving average concept by incorporating autoregressive and differencing components.

A Sophisticated Forecasting Approach Based on the Moving Average Concept