Time Series Methods Assume That Demand Patterns in the Past

question 53

True/False

Time series methods assume that demand patterns in the past are a good predictor of demand in the future.

Calculate expected frequencies for given data.

Recognize the conditions under which nonparametric tests are preferred over parametric tests.

Understand the implications of using nonparametric tests on normally distributed data.

Learn about the chi-square test's application to categorical data.

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