Past information,when extrapolated without adjustment into the future,will provide an accurate forecast.

Name: Past information,when extrapolated without adjustment into the future,will provide an accurate forecast.
Brand: Quizplus
Rating: 5.0 (57 reviews)

Question

Quizplus · Accepted Answer

This statement is false because past information may not accurately reflect future conditions, and therefore may not result in an accurate forecast. Other factors such as changes in technology, economic factors, and external events can impact the accuracy of the forecast.

Past Information,when Extrapolated Without Adjustment into the Future,will Provide an Accurate