The forecasting method that is appropriate when the time series has no significant trend, cyclical, or...

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The forecasting method that is appropriate when the time series has no significant trend, cyclical, or...

The forecasting method that is appropriate when the time series has no significant trend, cyclical, or seasonal pattern is

math Statistics-And-Probability

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Answer 1

Answer #1

Correct option is moving average forecast

(since for no trend the pattern is horizontal and forecasted value can be taken by averaging out of the past data)

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Answer 2

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