Moving average method is Good for Long-term forecasting.*TrueFalse

Which of the following is a drawback of the Moving Average (MA) method of forecasting?Group of answer choicesIt requires extensive historical records.Increasing the number of periods makes it less sensitive to data change.It does not pick up trends very well.All of the above.Next

The forecast method which considers the error in forecasting of recent data- Simple average method Moving average method Weighted moving average method Exponential smoothing method (Correct)

Relative to a simple moving average, the advantage of a weighted moving average is that the forecast can be more reflective of the most recent observations in a time series.Multiple ChoiceFalseTrue

The method of moving average is used a. to smooth a series b. to exponentiate a series c. to plot a series d. in regression analysis

What is the purpose of using moving averages in technical analysis?  A. Assess company management  B. Identify market trends  C. Evaluate financial ratios  D. Smooth out price data and identify trends