Asked by
harvir sandhu
on Nov 30, 2024
Verified
What is the trend component of Holt's model for period 0?
A) 642
B) 66,768
C) 462
D) 78,666
Holt's Model
A forecasting technique that extends exponential smoothing to allow forecasting of data with a trend.
Trend Component
An underlying pattern in data that shows a persistent, general direction of movement over time.
- Master and apply the principles of Holt's forecasting approach.
Verified Answer
JH
Learning Objectives
- Master and apply the principles of Holt's forecasting approach.