For a Given Product Demand, the Time Series Trend Equation

question 86

Multiple Choice

For a given product demand, the time series trend equation is 53 - 4 X. The negative sign on the slope of the equation

• A) is a mathematical impossibility
• B) is an indication that the forecast is biased, with forecast values lower than actual values
• C) is an indication that product demand is declining
• D) implies that the coefficient of determination will also be negative
• E) implies that the cumulative error will be negative

---

Definitions:

Report Misconduct

The action of informing authorities or relevant parties about unethical or illegal activities observed within an organization or social setting.

Top Management

The highest level of managers within an organization, responsible for setting strategic goals and making key decisions.

Ethics and Compliance

Pertains to adhering to moral principles and regulations set by governing bodies in conducting business or professional activities.

Successful Effectiveness

The achievement of desired outcomes or goals with efficiency, often evaluated in terms of meeting specific performance or success criteria.