Why moving average forecast model instead of naive model

Assignment Help Basic Statistics
Reference no: EM13119463

Which of the following would be a reason to choose a Moving Average Forecast model instead of a Naïve Model to forecast a series of data into the future?

A) The desire to use all previous values of the series in generating the forecast.
B) The need to accommodate a particular data frequency.
C) The desire to forecast more than one period ahead.
D) The desire to smooth out extreme variation in the construction of the forecast.
E) None of the above.

Reference no: EM13119463

Questions Cloud

At what rate must each symporter transport glucose : (Assume that one-half of the volume of the cell is composed of organelles, and thus not available for diffusion of glucose)
Illustrate what net force is exerted on it : A race car has a mass of 701 kg. It starts from rest and travels 35.0 m in 3.0 s. The car is uniformly accelerated during the entire time. Illustrate what net force is exerted on it?
Discuss possible profit-maximizing business strategies : Use the Porter's five forces framework to explain this pattern. Discuss possible profit-maximizing business strategies that artists, record companies, and retailers may wish to pursue.
What the probability that he answers 3 questions correctly : What is the probability that Cass answers all of the questions correctly? What the probability that he answers 3 questions correctly?
Why moving average forecast model instead of naive model : Which of the following would be a reason to choose a Moving Average Forecast model instead of a Naïve Model to forecast a series of data into the future?
Why is it necessary to locate an object : Why is it necessary to locate an object first using the scanning or low power objective and then, if necessary, change to the high power objective?
Calculate the potential energy stored in the bow : Calculate the potential energy stored in the bow, if the arrow of mass 5.50 10-2 kg leaves the bow with a speed of 45.0 m/s. Assume that mechanical energy is conserved.
What volume of nitrogen gas is needed : what volume of nitrogen gas is needed to react completely with 150.0 L of hydrogen in the production of ammonia.
What optical principles are involved here : Study the concepts presented in the pull-down menu located in the upper left corner of Interactive Microscopy. List the order of the colored threads from top to bottom. Which magnification was most useful in making this determination? What optical..

Reviews

Write a Review

Basic Statistics Questions & Answers

  Similarity of observed distribution as expected distribution

At the .05 significance level, can we conclude that the guideline is still reasonable?

  Probability values based on the normal distribution

What is the probability that a visually impaired student gets less than 6.9 hours of sleep?

  Symmetrical-limits of population percentage

The probability is 90% that the sample percentage will be contained within what symmetrical limits of the population percentage?

  Understanding of sampling distribution

In the following questions, you should demonstrate your understanding of sampling distribution:

  Determining customer arrival

Customers arrive to the company at a rate, on average, of one per hour with a Poisson distribution. The company is staffed by a single individual(the owner) who takes on average 30 minutes with each customer with a standard deviation of 15 minute..

  Prepare the analysis of how to develop instrument

Determine how self confident a person may be. Analysis and Justification. Prepare an analysis of how you developed your instrument.

  Determining the probability model

Suppose a random sample of 25 swatches are selected. What is the probability that the mean of the sample is less than 235 pounds per square inch.

  What values does population distribution describe

What is the population? What values does the population distribution describe? What is this distribution? What values does the sampling distribution of x describe? What is the sampling distribution?

  Determine the coefficient of determination

Determine the regression equation. Determine the coefficient of determination. Do you think Mr. Profit should be satisfied with using the size of the offering as the independent variable?

  Change to the objective function or a raise in the value

Either no change to the Objective function or a raise in the value of the objective function depends on the constraint.

  Quantifiable statistics

The thing about selling all of those drugs, devices, and solutions is that a lot can go wrong. Nearly every product that Baxter delivers is a matter of life and death.

  Probability that-one-foot roll there is at least two flaws

Distribution with a mean of 1 flaw per 5 feet of paper (0.2 flaws per foot). What is the probability that in a 1-foot roll there will be at least 2 flaws?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd