All of the Following Are Criteria Used to Select a Forecasting

question 3

Multiple Choice

All of the following are criteria used to select a forecasting technique EXCEPT:

• A) ​the accuracy required of the forecasting model
• B) ​the time required to complete the model
• C) ​the complexity of the relationships being forecast
• D) ​the cost associated with developing the forecasting model
• E) ​all of these are criteria used to select a forecasting technique

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Definitions:

Computer-Mediated Environment

A digital space enabled by computer technology in which individuals can interact, communicate, and create or access content.

Dramatic Impacts

Significant and often sudden effects or changes that dramatically alter the course or nature of events.

Artificial Intelligence

The simulation of human intelligence processes by machines, particularly computer systems, including learning, reasoning, and self-correction.

Blockchain

A decentralized digital ledger technology where transactions are recorded in a secure, transparent, and immutable manner across multiple computers.