Answered step by step
Verified Expert Solution
Question
1 Approved Answer
1. For a time series with horizontal pattern, methods that are generally used for forecasting are: a. Simple linear regression and multiple regression b.
1. For a time series with horizontal pattern, methods that are generally used for forecasting are: a. Simple linear regression and multiple regression b. Holt's linear exponential smoothing c. Moving average, weighted moving average and exponential smoothing d. Multiple linear regression with dummy variables 2. For a time series that have only a long time linear trend, methods that are generally used for forecasting are: a. Weighted moving average b. Multiple linear regression c. Simple time series regression d. Nave method 3. For a time series with curvilinear or non linear trend, methods that are generally used for forecasting are: a. Multiple regression with dummy variables b. Simple time series regression c. Exponential Smoothing d. Multiple regression with quadratic trend equation 4. For a time series with a seasonal pattern, methods that are generally used for forecasting are: a. Multiple regression with dummy variables b. Simple time series regression c. Exponential Smoothing d. Multiple regression with quadratic trend equation 6. If the regression line has a positive slope, b would be a. a positive value b. a negative value c. zero d. cannot be determined
Step by Step Solution
★★★★★
3.37 Rating (166 Votes )
There are 3 Steps involved in it
Step: 1
Answer 1 For a time series with a horizontal pattern the methods generally used for forecasting are ...Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started