What Are Forecasts

question 261

Multiple Choice

What are forecasts?

• A)A statement about what will happen or might happen in the future, for example, predicting future sales or employee turnover.
• B)A statistical process that finds the way to make a design, system, or decision as effective as possible, for example, finding the values of controllable variables that determine maximal productivity or minimal waste.
• C)Predictions based on time-series information.
• D)A statistical process for estimating the relationships among variables.

---

Definitions:

Chromosomes

Thread-like structures located within the nucleus of animal and plant cells, made of protein and a single molecule of DNA, which carry genetic information.

Chromosomes

Structures within cells that contain DNA and genetic information, determining hereditary traits.

Zygote

The initial cell formed when a sperm cell fertilizes an egg cell, which will divide and grow into an embryo.

Fertilization

The process by which male and female gametes merge to initiate the development of a new individual organism.