a time series forecasting model in which the forecast for the next period is the actual value for the current period is the

Question

12-12-2022
Mathematics

Answered

a time series forecasting model in which the forecast for the next period is the actual value for the current period is the

Answer :

Other Questions

A statistician wishing to test a hypothesis that students score at most 75% on the final exam in an introductory statistics course decides to randomly select 20

The next day Tamika records the temperature of 0°F at 8:00 a.m. and 1°F at 10:00 a.m. Assume the temperature has been rising linearly since sunrise at 6:00 a.m.

When Angie unplugged her phone from its charger this morning, its battery was almost fully charged. The battery loses charge at a constant rate. The graph shows

In a transformation, the preimage is the original figure and the image is the figure in the new location. False True

for each number in the table write a multiple of that number each multiple must be between 90 and 120 the first one is done for you

Question 12 The plans for a zipline are shown. Use two points to determine the slope of the zipline. Then verify that the slope is the same by choosing a differ

Zaida purchased a used car for $6,500. State tax was 4%, 100 point inspection was $72, $45 for license plate, and $37 for state emissions testing. How much is t

The Bank of New England is concerned about the amount of debt being accrued by customers using its credit cards. The Board of directors decided to install an e

In a board game, a certain number of points is awarded to a player upon rolling a six sided die (labeled 1 to 6) according to the function f(x)=4x+4, where xx i

A comic-strip writer churns out different numbers of comic strips each day. The writer logged the number of comic strips he wrote each day for 16 days and sorte

Tutorconsortium423 Tutorconsortium423 · Answer 1 · 2022-12-17T15:13:47-05:00

The demand for the upcoming period is equal to the demand for the most recent period, according to a naïve forecasting model. It basically attempts to capture seasonal factors at the expense of ignoring trend is the the forecast for the next period is the actual value for the current period .

what is forecasting model?

Businesses utilize a variety of tools to forecast outcomes for things like sales, supply and demand, consumer behavior, and more. The field of sales and marketing particularly benefits from these models.

While a variety of regularly employed quantitative budget forecasting tools are available, in this article we will concentrate on the top four techniques: (1) straight-line, (2) moving average, (3) simple linear regression, and (4) multiple linear regression.

The demand for the upcoming period is equal to the demand for the most recent period, according to a naïve forecasting model. It basically attempts to capture seasonal factors at the expense of ignoring trend is the the forecast for the next period is the actual value for the current period .

To know more about forecasting model visit:-

https://brainly.com/question/29767114

#SPJ4