Which of the following is/are true regarding seasonal adjustments?
A) It is difficult to do and generally not worth the time and effort required.
B) It produces no more accuracy in forecasting than more subjective approaches.
C) They are difficult and infrequently used in business.
D) None of the above.
E) All of the above.

Question

Quizplus · Accepted Answer

It is not true that seasonal adjustments are difficult to do and generally not worth the time and effort required. In fact, seasonal adjustments are important in eliminating the seasonal fluctuations in data to provide a clearer picture of underlying trends. It is also not true that it produces no more accuracy in forecasting than more subjective approaches. Seasonal adjustments are widely used in business and other fields such as economics and finance.

Which of the Following Is/are True Regarding Seasonal Adjustments