What are forecasts?
A) Statements about what will happen or might happen in the future such as future sales or employee turnover
B) Statistical processes that finds the way to make a design, system, or decision as effective as possible, for example, finding the values of controllable variables that determine maximal productivity or minimal waste
C) Predictions based on time-series information
D) Statistical processes for estimating the relationships among variables
Correct Answer:
Verified
Q90: What determines values for an unknown continuous
Q91: What determines which things go together?
A) Classification
B)
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A) Determination of
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A) A statement about what
Q94: What is prediction?
A) A statement about what
Q96: What is estimation analysis?
A) Determination of values
Q97: What is classification analysis?
A) Determination of the
Q98: What determines values for an unknown continuous
Q99: What is a statistical process that finds
Q100: What assigns records to one of a
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