QUESTION 1
Using the following data, what is the moving-average forecast for the next period
using a three period model?
Peri Dema
od nd
1 58
2 59
3 60
4 61
58
60
61
62
None of the
above
0.5 points
QUESTION 2
Which of the following statements is true regarding the Mean absolute deviation measure and the
Mean square error measure?
The values for both measures are unchanged if the forecasting
method is changed.
Both are measures of seasonal variation.
Lower values of these measures reflect more accurate
forecasting methods.
The Mean absolute deviation measure places greater weight on
large errors.
None of the above.
0.5 points
QUESTION 3
Which of the following is an example of a seasonal pattern in data?
The sales on Friday are typically lower than on other
days of the week.
There is a consistent upward trend in data from year to
year.
The volume of calls is dependent upon the product
release schedule.
The data exhibits an exponentially smoothed pattern.
None of the above
0.5 points
QUESTION 4
The president of State University wants to forecast student enrollment for Year 3.
Using exponential smoothing with trend, the forecast for the current year (Year 1) is
20,000. Assume the estimated trend is 1,500. What is the forecast for Year 3?
This study source was downloaded by 100000840946462 from CourseHero.com on 02-15-2022 18:39:37 GMT -06:00
https://www.coursehero.com/file/14595817/Quiz-3-Version-3/
, 18,50
0.
20,00
0.
21,50
0.
23,00
0.
24,50
0.
This study source was downloaded by 100000840946462 from CourseHero.com on 02-15-2022 18:39:37 GMT -06:00
https://www.coursehero.com/file/14595817/Quiz-3-Version-3/
Using the following data, what is the moving-average forecast for the next period
using a three period model?
Peri Dema
od nd
1 58
2 59
3 60
4 61
58
60
61
62
None of the
above
0.5 points
QUESTION 2
Which of the following statements is true regarding the Mean absolute deviation measure and the
Mean square error measure?
The values for both measures are unchanged if the forecasting
method is changed.
Both are measures of seasonal variation.
Lower values of these measures reflect more accurate
forecasting methods.
The Mean absolute deviation measure places greater weight on
large errors.
None of the above.
0.5 points
QUESTION 3
Which of the following is an example of a seasonal pattern in data?
The sales on Friday are typically lower than on other
days of the week.
There is a consistent upward trend in data from year to
year.
The volume of calls is dependent upon the product
release schedule.
The data exhibits an exponentially smoothed pattern.
None of the above
0.5 points
QUESTION 4
The president of State University wants to forecast student enrollment for Year 3.
Using exponential smoothing with trend, the forecast for the current year (Year 1) is
20,000. Assume the estimated trend is 1,500. What is the forecast for Year 3?
This study source was downloaded by 100000840946462 from CourseHero.com on 02-15-2022 18:39:37 GMT -06:00
https://www.coursehero.com/file/14595817/Quiz-3-Version-3/
, 18,50
0.
20,00
0.
21,50
0.
23,00
0.
24,50
0.
This study source was downloaded by 100000840946462 from CourseHero.com on 02-15-2022 18:39:37 GMT -06:00
https://www.coursehero.com/file/14595817/Quiz-3-Version-3/
