Moving average forecasting techniques do the following:
A)Immediately reflect changing patterns in the data.
B)Lead changes in the data.
C)Smooth variations in the data.
D)Operate independently of recent data.
E)Assist when organizations are relocating.

Question

Quizplus · Accepted Answer

Moving average forecasting techniques smooth variations in the data by averaging a number of past observations to predict future values, thereby reducing the impact of random fluctuations.

Moving Average Forecasting Techniques Do the Following