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These questions are from Hospitality Managerial Accounting course. Topic: Forecasting Methods True or False: 1. Moving average can be said to be a type of

These questions are from Hospitality Managerial Accounting course. Topic: Forecasting Methods

True or False: 1. Moving average can be said to be a type of weighted moving average.

True or False: 2. Trend is a repeating pattern in data.

3. Exponential smoothing method is just like weighted average, except that _______ are determined by a smoothing constant, alpha, and the number of periods considered is infinite.

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