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ExamsGATETechnical

The time series forecasting method that gives equal weightage to each of the m most recent observations is

  1. Moving average method
  2. Exponential smoothing with linear trend
  3. Triple Exponential smoothing
  4. Kalman Filter

Correct answer: Moving average method

Solution

The moving average method calculates the forecast by averaging a specified number of the most recent data points, treating each observation equally, which helps to smooth out short-term fluctuations and highlight longer-term trends.

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