Which of the following is a similarity between the exponential smoothing method and the moving average method?
A) Both methods give different weights to most recent observations.
B) Both methods assign weights to all available observations.
C) Both methods give equal weight to every observation.
D) Both methods continually revise a forecast when a new observation becomes available.

Question

Quizplus · Accepted Answer

Both the exponential smoothing method and the moving average method update the forecast as new data becomes available, ensuring that the forecast incorporates the most recent observations.

Which of the Following Is a Similarity Between the Exponential