Forecasting technique

1. Which forecasting technique continually revises an estimate in the light of more recent experiences?

2. Which forecasting technique uses the value for the current period as the forecast for the next period?

3. Which forecasting technique assigns equal weight to each observation?

4. Which forecasting technique(s) should be tried if the data are trending?

5. Which forecasting technique(s) should be tried if the data are seasonal?

Solution: