All of the Following Are True About Time Series Methods

question 34

Multiple Choice

All of the following are true about time series methods EXCEPT ______.

• A) they discover a pattern in historical data and project it into the future
• B) they identify a set of related independent, or explanatory, variables
• C) they assume that the pattern of the past will continue into the future
• D) their forecasts are based solely on past values of the variable or past forecast errors

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Definitions:

Illuminated

Adorned with lights or colors, often used to describe manuscripts enhanced with gold or silver and vivid illustrations.

Blanche of Castile

The Queen of France as the wife of Louis VIII and acted as regent during the minority of her son, Louis IX, known for her political sagacity and patronage of the arts.

Psalter of Saint Louis

This term refers to a medieval illuminated manuscript containing psalms and other religious texts, associated with Saint Louis (Louis IX of France), known for its artistic and historical significance.

Fan Vaulting

An architectural design seen in Gothic cathedrals where vaulted ceilings resemble a fan or an open umbrella, featuring intricate rib structures.