When Selecting a Forecasting Method,which of the Following Is True

question 45

Multiple Choice

When selecting a forecasting method,which of the following is true?

• A) The method with the best fit to historical data (least error) is the best predictive model.
• B) The existence of complicated data patterns will affect the method chosen.
• C) Stable data patterns over time are best suited to qualitative methods.
• D) Time series methods use qualitative data to smooth the forecasts.