Mechanical Engineering > GATE 2015 SET-2 > Forecasting
Sales data of a product is given in the following table:
MonthJanuaryFebruaryMarchAprilMay
Number of units sold1011161925
Regarding forecast for the month of June, which one of the following statements is TRUE?
A
Moving average will forecast a higher value compared to regression.
B
Higher the value of order N, the greater will be the forecast value by moving average.
C
Exponential smoothing will forecast a higher value compared to regression.
D
Regression will forecast a higher value compared to moving average.

Correct : d

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sales forecasting mechanical engineering gate 2015 sales data analysis June sales forecast moving average vs regression exponential smoothing time series forecasting sales trend prediction GATE Mechanical Engineering 2015

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