Which forecasting method assumes that next period's forecast is equal to this period's actual value?
a) Simple mean
b) Ignorant
c) Basic
d) Naïve
e) Nescient
Answer: d) Naïve
Which forecasting method assumes that next period's forecast is equal to this period's actual value?
a) Simple mean
b) Ignorant
c) Basic
d) Naïve
e) Nescient
Answer: d) Naïve