Which of the following is not a step in the forecasting process?
A) Determine the use of the forecast.
B) Eliminate any assumptions.
C) Determine the time horizon.
D) Select forecasting model.
E) Validate and implement the results.

Question

Quizplus · Accepted Answer

Eliminating assumptions is not a step in the forecasting process. In fact, assumptions are made during the forecasting process to make predictions about future events. The other options are all valid steps in the forecasting process.

Which of the Following Is Not a Step in the Forecasting