Suppose that monthly data on some time series variable exhibits a clear upward trend but no seasonality.

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Suppose that monthly data on some time series variable exhibits a clear upward trend but no seasonality. You decide to use moving averages, with any appropriate span. Will there tend to be a systematic bias in your forecasts? Explain why or why not.

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Business Analytics Data Analysis And Decision Making

ISBN: 1209

6th Edition

Authors: S. Christian Albright, Wayne L. Winston

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Question Posted: Apr 06, 2017 11:37 AM

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Suppose that monthly data on some time series variable exhibits a clear upward trend but no seasonality.

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The forecasts will tend to stay too low After all youre basin...View the full answer

Business Analytics Data Analysis And Decision Making

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