In Time Series, Which of the Following Cannot Be Predicted

question 20

Multiple Choice

In time series, which of the following cannot be predicted?

• A) large increases in demand
• B) cycles
• C) seasonal fluctuations
• D) random fluctuations
• E) large decreases in demand

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Definitions:

Decision Maker

An individual or group responsible for making choices after considering the consequences of various actions.

Irrational

Behavior or thoughts not based on logical reasoning, clear thinking, or aligned with factual evidence.

Economic Models

Simplified frameworks used to illustrate economic processes or theories through mathematical equations or diagrams.

Rationally

Acting based on reason or logic, typically in a way that maximizes self-interest or advantage within certain constraints or information.