Which of the following is FALSE about simple moving average time series forecasting (choose ONLY ONE ANSWER)? Group of answer choices The prediction is updated by adding the newest value and dropping the oldest value when recalculating the average. Using fewer time periods in the forecast will make it less smooth, that is, more responsive to random variation. The more time periods used in the forecast, the more responsive the forecast will be to trend in the data, minimizing lag in the forecast. It will generally be a less accurate method than using a weighted moving average when there is a trend in the data