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Author Question: Which one of the following statements about forecasting is FALSE? (Read 54 times)

mynx

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on: Apr 18, 2020
Which one of the following statements about forecasting is FALSE?
◦ To achieve the objective of developing a useful forecast from the information at hand, the forecaster must select the appropriate technique. This choice sometimes involves a trade-off between forecast accuracy and cost.
◦ A time series is a list of repeated observations of a phenomenon, such as demand, arranged in the order in which they actually occurred.
◦ Time series express the relationship between the factor to be forecast and related factors such as promotional campaigns, economic conditions, and competitor actions.
◦ Three general types of forecasting techniques are used for demand forecasting: time-series analysis, causal methods, and judgment methods.
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Marked as best answer by mynx on Apr 18, 2020

Edwyer

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Reply #1 on: Apr 18, 2020
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.
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mynx

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Reply 2 on: Apr 18, 2020
YES! Correct, THANKS for helping me on my review

AngeliqueG

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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