for time series with seasonal pattern methods that are generally used for foreca
ID: 3282978 • Letter: F
Question
for time series with seasonal pattern methods that are generally used for forecasting ar r a time series withhorizontal.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 1. Fo 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. Naïve 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 For a time series with a seasonal pattern, methods that are generally used for forecasting are: a. 4. Multiple regression with dummy variables b. Simple time series regression -c. Exponential Smoothing d. Multiple regression with quadratic trend equation Exhibit 1: Dishwasher Detergent The weekly demand (in cases) for a particular brand of automatie dishwasher a chain of grocery stores located in Columbus, Ohio, follows. detergent for Week Demand Week Demand 6 18 23 21 17 24 20 19 18 21 10 5. Refer to Exhibit 1. Construct a time series plot. What type of pattern exists in the data? a. Horizontal b. Trend c. Seasonal d.Seasonal & Trend Refer to Exhibit 1. Use a 3 week moving average to develop a forecast for week 11. a. 20.33b. 21.00 C. 19.00 6. d.19.33Explanation / Answer
The answer is c)
Method that are generally used are moving average,weighted average and exponential smoothing.
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