The Forecasting Method That Is Appropriate When the Time Series

question 22

Multiple Choice

The forecasting method that is appropriate when the time series has no significant trend, cyclical, or seasonal effect is

• A)moving averages
• B)mean squared error
• C)mean average deviation
• D)qualitative forecasting methods

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Definitions:

Articles Of Confederation

First frame of government for the United States; in effect from 1781 to 1788, it provided for a weak central authority and was soon replaced by the Constitution.

Indebted Farmer

An agricultural worker or landowner who owes money, typically as a result of borrowing to finance farming operations or land purchase.

Revolutionary War

A war fought from 1775 to 1783 in which the American colonies successfully gained independence from Great Britain, becoming the United States of America.