SOLUTION: Horace Mann, principal of Jones Public School, has decided to construct a time series model to obtain a 2- and a 3-period moving average to forecast student enrollments for next te

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Question 140993: Horace Mann, principal of Jones Public School, has decided to construct a time series model to obtain a 2- and a 3-period moving average to forecast student enrollments for next term. Which statement is true concerning the accuracy of each forecast that Horace will obtain?
a. The 2-period forecast will be more accurate than the 3-period forecast.
b. The 3-period forecast will be more accurate than the 2-period forecast.
c. Both forecasts will be equally accurate.
d. Either forecast could be more accurate than the other.
Answer by stanbon(75887) About Me  (Show Source):
You can put this solution on YOUR website!
d
A single use of a time-series calculation cannot be used
as a measure of reliability in the forecasting process
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Cheers,
Stan H.