Sales data of a product is given in the following table: Month January February March April May Number of units sold 10 11 16 19 25 Regarding forecast for the month of June, which one of the following statements is TRUE?

Moving average will forecast a higher value compared to regression
Higher the value of order N, the greater will be the forecast value by moving average.
Exponential smoothing will forecast a higher value compared to regression.
Regression will forecast a higher value compared to moving average

LohaHridoy

4 views

2025-01-04 04:42

1 Answers

AhmedNazir

Option 4 : Regression will forecast a higher value compared to moving average

Month	January	February	March	April	May
Number of units sold	10	11	16	19	25

when the forecast value shows an increasing trend then the regression will forecast a higher value compared to the moving average.

4 views Answered 2022-09-04 04:29

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