Which One of the Following Statements About Forecasting Is FALSE

question 135

Multiple Choice

Which one of the following statements about forecasting is FALSE?

• A) The method for incorporating a trend in an exponentially smoothed forecast requires the estimation of three smoothing constants: one for the mean, one for the trend, and one for the error.
• B) A tracking signal is a measure that indicates whether a method of forecasting has any built- in biases over a period of time.
• C) The standard deviation and the mean absolute deviation measure the dispersion of forecast errors.
• D) The cumulative sum of forecast errors (CFE) is useful in measuring the bias in a forecast.

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Definitions:

Conclusion

The statement that follows logically from the premises in an argument.

Distribution Requirements

The specific courses or subject areas students must complete to fulfill the breadth of knowledge required for a degree.

Courses

Sets of classes or teachings on particular subjects, forming part of a program of study.

Disjunctive Proposition

A statement in logic that presents two or more alternatives, where the truth of at least one of the options implies the truth of the proposition.