The forecasting method that is appropriate when the time series has no significant trend, cyclical, or seasonal effect is
A) moving averages
B) mean squared error
C) mean average deviation
D) qualitative forecasting methods
Correct Answer:
Verified
Q3: The focus of smoothing methods is to
Q4: Linear trend is calculated as Tt =
Q5: Quantitative forecasting methods do not require that
Q6: Seasonal components
A)cannot be predicted.
B)are regular repeated patterns.
C)are
Q7: One measure of the accuracy of a
Q8: A qualitative forecasting method that obtains forecasts
Q9: If data for a time series analysis
Q11: To select a value for
Q18: Time series methods base forecasts only on
Q29: Forecast errors
A)are the difference in successive values
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