If a Time Series Does Not Exhibit a Long-Term Trend,the

question 15

True/False

If a time series does not exhibit a long-term trend,the method of exponential smoothing may be used to obtain short-term predictions about the future.

---

Definitions:

Net Cash Flows

The difference between a company's cash inflows and outflows within a specified period.

Average Rate

A value that represents the central tendency of a set of numbers, calculated by dividing the sum of all values by the number of values.

Salvage Value

The estimated resale value of an asset at the end of its useful life.

Net Cash Flows

The difference between a company's cash inflows and outflows within a specific period.