Which of the Following Statements Is/are True About Time-Series Forecasting

question 18

Multiple Choice

Which of the following statements is/are true about time-series forecasting?

• A)The basic strategy of time-series forecasting is to identify the magnitude and form of each component based on available past data.
• B)Time-series methods are used to make detailed analyses of past demand patterns over time and to project these patterns forward into the future.
• C)Under time-series methods,demand can be divided into components such as average level,trend,seasonality,cycle and error.
• D)Time-series methods are useful for long-range forecasts.
• E)a,b,and c

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Definitions:

Surgical Dressing

Materials applied to a wound post-surgery to protect it and promote healing.

Incision Line

The mark or wound made by a surgical cut into the body, often referring to its appearance during the healing process.

Intermittent Sutures

A stitching technique used in surgery where stitches are placed individually, tying off each separately rather than in a continuous line.

Knot

A fastening made by tying a piece of string, rope, or other material around itself or another object, often used as a means of securing, binding, or limiting movement.