Question

    Which of the following methods to measure seasonal variations comparatively utilizes the given data less?

    A Simple average method Correct Answer Incorrect Answer
    B Ratio to trend method Correct Answer Incorrect Answer
    C Ratio to moving method Correct Answer Incorrect Answer
    D Link relative method Correct Answer Incorrect Answer

    Solution

    The ratio-to-moving-average (RMA) forecasting method is a simple and widely used technique for predicting future values of a time series. It involves dividing the actual value of a variable by its moving average over a specified period of time, and using this ratio as a forecast for the next period.

    Practice Next