Which is not a characteristic of simple moving averages applied to time series data?
A)smoothes random variations in the data
B)weights each historical value equally
C)lags changes in the data
D)requires only last period's forecast and actual data
E)smoothes real variations in the data

Question

Quizplus · Accepted Answer

Simple moving averages do not require only the last period's forecast and actual data; instead, they use a fixed number of past observations to calculate the average.

Which Is Not a Characteristic of Simple Moving Averages Applied