Answer the following statements true (T) or false (F)

1) In overforecasting, either the forecaster is too optimistic or, the thing being forecasted is performing better than expected.
2) Removing the seasonal component from a historical demand (de-seasonalizing) can be accomplished by dividing each data point by its appropriate seasonal index.
3) If a pattern appears like cycles or seasonality when a dependent variable is plotted against time, one should use time series analysis instead of regression analysis.
4) Seasonal indices can be used to de-seasonalize demand or incorporate seasonality into a forecast.
5) Simple linear regression is used as a forecasting technique when there are multiple independent variables.


1) TRUE
2) TRUE
3) TRUE
4) TRUE
5) FALSE

Business

You might also like to view...

Answer the following statements true (T) or false (F)

1.According to Buller and Burgoon, humans are good lie detectors. 2.What we wear and how we look affect first impressions and may even lead to our being accepted or rejected. 3.Since women are more concerned than men with relationship maintenance, it follows that they are likely to develop an enhanced sensitivity to nonverbal cues that facilitate and sustain relationship development. 4.The more dominant you feel, the more likely you are to keep distance between yourself and the person you are speaking with. 5.Words like “uh” and “um” interrupt the natural flow of a conversation and adversely affect how others perceive your competence and confidence.

Business

Which of the following typically would not be done to satisfy a current liability?

a. Use long-term assets to satisfy the liability b. Render a service to satisfy the liability c. Use current assets to satisfy the liability d. Take on another current liability to satisfy the liability

Business

The third level of a product is the ________ around the core benefit and actual product that offers additional consumer services and benefits that enhance ownership of the actual product

A) brand equity B) augmented product C) brand extension D) design E) image

Business

The failure rate for new products is high.

Answer the following statement true (T) or false (F)

Business