Which Chart Indicates the Trend in Forecast Values as a Particular

question 4

Multiple Choice

Which chart indicates the trend in forecast values as a particular decision variable is varied?

• A)Frequency chart
• B)Trend chart
• C)Cumulative chart
• D)Reverse cumulative chart
• E)None of the above

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Definitions:

CPI

Consumer Price Index, a measure that examines the weighted average of prices of a basket of consumer goods and services, such as transportation, food, and medical care.

Ratio

A quantitative relationship between two numbers, showing how many times one value contains or is contained within the other.

Smallest Term

The term in a mathematical expression or equation that has the lowest degree, or in a sequence or series, the term with the least value.

Express

To convey a thought or feeling in words or by gestures and conduct.