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Examine the Plot of Data

Question 3

Multiple Choice

Examine the plot of data. Examine the plot of data. It is likely that the best forecasting method for this plot would be: A) a two-period moving average B) a secular trend upward C) a seasonal pattern that can be modeled using dummy variables or seasonal adjustments D) a semi-log regression model E) a cubic functional form It is likely that the best forecasting method for this plot would be:

A) a two-period moving average
B) a secular trend upward
C) a seasonal pattern that can be modeled using dummy variables or seasonal adjustments
D) a semi-log regression model
E) a cubic functional form

Correct Answer: