A static time-series method should be used when the estimates for level,seasonality and trend may be based solely on historical data.

Question

Quizplus · Accepted Answer

A static time-series method, such as the naive method or the moving average method, is appropriate when the underlying pattern of the time series is relatively stable and predictable based on past data alone. In such cases, a more complex method such as a dynamic time-series model may not be necessary.

A Static Time-Series Method Should Be Used When the Estimates