One of the characteristics of forecasts is
A) aggregate forecasts are usually less accurate than disaggregate forecasts.
B) disaggregate forecasts are usually more accurate than aggregate forecasts.
C) short-term forecasts are usually less accurate than long-term forecasts.
D) long-term forecasts are usually less accurate than short-term forecasts.
E) none of the above

Question

Quizplus · Accepted Answer

Long-term forecasts are usually less accurate than short-term forecasts due to the increased uncertainty and variability over a longer time horizon.

One of the Characteristics of Forecasts Is