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The time series forecasting method that gives equal weightage to each of the most recent observation is
[2018]
  • a)
    Moving average method
  • b)
    Exponential smoothing with linear trend
  • c)
    Triple Exponential smoothing
  • d)
    Kalman Filter
Correct answer is option 'A'. Can you explain this answer?
Verified Answer
The time series forecasting method that gives equal weightage to each ...
(a) Simple moving average method gi ves equal weight to each of the most recent observation
(b) Weighted moving average method gi ves more weight to the recent values.
(c) Triple exponential smoothing is a rul e of thumb technique for smoothing time series data using the exponential window function.
(d) Kalman filter is also used for time ser ies data using adaptive models.
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The time series forecasting method that gives equal weightage to each of the most recent observation is[2018]a)Moving average methodb)Exponential smoothing with linear trendc)Triple Exponential smoothingd)Kalman FilterCorrect answer is option 'A'. Can you explain this answer?
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