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Author Question: A forecast is defined as a(n): a. prediction of future values of a time series. b. quantitative ... (Read 108 times)

formula1

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on: Jun 24, 2018
A forecast is defined as a(n):
 a. prediction of future values of a time series.
  b. quantitative method used when historical data on the variable of interest are either unavailable or not applicable.
  c. set of observations on a variable measured at successive points in time.
  d. outcome of a random experiment.

Question 2

True or False The Pareto diagram, also known as the Juran diagram, is a bar chart describing the relative frequencies with which various kinds of defects, or nonconformities, have occurred.
  Indicate whether the statement is true or false


Alyson.hiatt@yahoo.com

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Reply #1 on: Jun 24, 2018
Answer to Question 1

A

Answer to Question 2

T


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