A(n)________ Is a Type of Forecast That Involves Estimating the Value

question 45

Multiple Choice

A(n) ________ is a type of forecast that involves estimating the value to be forecast without any intervening steps.

• A)direct forecast
• B)survey forecast
• C)lost-horse forecast
• D)lost-cause forecast
• E)intention forecast

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Definitions:

T-statistic

A ratio of the departure of an estimated parameter from its notional value and its standard error.

Directional Hypothesis

A hypothesis that specifies the direction of the expected difference or relationship between variables.

Null Hypothesis

A default statement that indicates no effect or no difference, used as a starting point for statistical hypothesis testing.

Directional Hypothesis

A hypothesis that outlines the anticipated direction of the difference or relationship.