Forecasting with Weights
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Questions and Answers

What is the weight assigned to the most recent month's sales?

  • 0.3
  • 1.0
  • 0.8
  • 0.5 (correct)

    • What is the weight assigned to the second oldest month's sales?

  • 0.1
  • 0.5
  • 0.3 (correct)
  • 0.2

    • How many months are used to make the first forecast?

  • 2 (correct)
  • 4
  • 1
  • 3

    • What is the actual sales for August in thousands?

    <p>265</p> Signup and view all the answers

    What is the pattern of the weights assigned to the months?

    <p>Decreasing</p> Signup and view all the answers

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