The Two Most Important Factors in Choosing a Forecasting Technique

question 94

Multiple Choice

The two most important factors in choosing a forecasting technique are:

• A)cost and time horizon.
• B)accuracy and time horizon.
• C)cost and accuracy.
• D)quantity and quality.
• E)objective and subjective components.

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Definitions:

Neuroglial cells

Supportive cells in the nervous system that do not conduct electrical impulses but provide support, insulation, and nutrients to neurons.

Axon diameter

The thickness of the axon, a part of a neuron that carries electrical impulses away from the neuron's cell body, which can affect the speed of neural transmission.

Impulse conduction

The process by which electrical signals are transmitted along nerve fibers or muscle fibers.