Models such as moving average,exponential smoothing,and linear trend use only:
A) future values of Y to forecast previous values of Y
B) previous values of Y to forecast future values of Y
C) multiple explanatory variables (not just values of Y)to forecast future values of Y
D) ratio-to-moving-average methods

Question

Quizplus · Accepted Answer

Models such as moving average, exponential smoothing, and linear trend use historical values of Y (previous values) to forecast future values of Y. They do not require multiple explanatory variables or ratio-to-moving-average methods.

Models Such as Moving Average,exponential Smoothing,and Linear Trend Use Only