Forecasting Techniques Generally Assume

question 62

Multiple Choice

Forecasting techniques generally assume:

• A)the absence of randomness.
• B)continuity of some underlying causal system.
• C)a linear relationship between time and demand.
• D)accuracy that increases the farther out in time the forecast projects.
• E)accuracy that is better when individual items, rather than groups of items, are being considered.

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Definitions:

Extraversion

A personality dimension that describes the extent to which a person is outgoing, sociable, and energetic, one of the Big Five traits.

Neuroticism

A personality trait characterized by anxiety, moodiness, worry, envy, and jealousy.

Socioeconomic Status

An individual's or group's economic and social position in relation to others, based on income, education, and occupation.

Parenting Styles

Classifications of approaches used by parents in raising their children, typically categorized into authoritative, authoritarian, permissive, and uninvolved.