Which of the Following Statements About Time-Series Forecasting Is TRUE

question 32

Multiple Choice

Which of the following statements about time-series forecasting is TRUE?

• A) It is always based on the assumption that future demand will be the same as past demand.
• B) It makes extensive use of the data collected in the qualitative approach.
• C) It is based on the assumption that the analysis of past demand helps predict future demand.
• D) Because it accounts for trends, cycles, and seasonal patterns, it is always more powerful than associative forecasting.
• E) All of these are true.

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Definitions:

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DNA Virus

A virus that has its genetic material encoded in DNA, as opposed to an RNA virus.