Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Which forecasting technique must be used when historical data is only stable or consistent and does not trend and does not have any seasonal patterns?
Which forecasting technique must be used when historical data is only stable or consistent and does not trend and does not have any seasonal patterns? 2nd order polynomial regression forecast Weighted moving average forecast Holt-Winter's forecast Mean absolute deviation
Step by Step Solution
There are 3 Steps involved in it
Step: 1
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