This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: When using extrapolation to forecast, (Read 71 times)

jon_i

  • Hero Member
  • *****
  • Posts: 549
on: Mar 14, 2021

Question 1

Sometimes distinct patterns around a trend line can be caused by
◦ poor underlying data.
◦ dummy variables.
◦ seasonal variation.
◦ statistical anomalies.

Question 2

When using extrapolation to forecast,
◦ a time series of past observations is used.
◦ there is a large error term in the results.
◦ predictions can only be made about the future.
◦ dummy variables can skew the results.
Managerial Economics and Strategy ¦ Perloff, Brander ¦ 3rd Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by jon_i on Mar 14, 2021

ebe

  • Sr. Member
  • ****
  • Posts: 320
Reply #1 on: Mar 14, 2021
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 39% of students answer this correctly


jon_i

  • Member
  • Posts: 549
Reply 2 on: Mar 14, 2021
Excellent

cdmart10

  • Member
  • Posts: 332
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

By definition, when a medication is administered intravenously, its bioavailability is 100%.

Did you know?

When blood is deoxygenated and flowing back to the heart through the veins, it is dark reddish-blue in color. Blood in the arteries that is oxygenated and flowing out to the body is bright red. Whereas arterial blood comes out in spurts, venous blood flows.

Did you know?

Calcitonin is a naturally occurring hormone. In women who are at least 5 years beyond menopause, it slows bone loss and increases spinal bone density.

Did you know?

Approximately 70% of expectant mothers report experiencing some symptoms of morning sickness during the first trimester of pregnancy.

Did you know?

A cataract is a clouding of the eyes' natural lens. As we age, some clouding of the lens may occur. The first sign of a cataract is usually blurry vision. Although glasses and other visual aids may at first help a person with cataracts, surgery may become inevitable. Cataract surgery is very successful in restoring vision, and it is the most frequently performed surgery in the United States.

Hurricane Earl Forecast Hurricane Earl Forecast
Hurricane Earl Forecast Hurricane Earl Forecast
Weather Forecast Weather Forecast
Growth Forecast from The Limits To Growth Growth Forecast from The Limits To Growth
Total Fertility Rate in Japan: Actual versus Forecast Total Fertility Rate in Japan: Actual versus Forecast
Video: Aneurysm

For a complete list of videos, visit our video library