Polly Prognosticator was the greatest quantitative forecaster in recorded history. A skillful user of all techniques in your chapter on forecasting, she knew better than to try and develop a forecast for data that exhibited a:
A) random pattern.
B) horizontal pattern.
C) seasonal pattern.
D) cyclical pattern.

Question

Quizplus · Accepted Answer

A random pattern is unpredictable and cannot be modeled, making it difficult to develop a meaningful forecast. Polly Prognosticator knew not to waste time trying to forecast such data.

Polly Prognosticator Was the Greatest Quantitative Forecaster in Recorded History