Answer the following statement(s) true (T) or false (F)
1. Trend forecasts are best when used to estimate many periods into the future.
2. Forecasting is more useful when it also considers a variety of what-if scenarios.
3. Validation is critical in any forecasting.
4. Curve estimation cannot take periodicity into account.
5. Exponential smoothing cannot take periodicity into account.
1.false
2.true
3.true
4.true
5.false
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Indicate whether the statement is true or false
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A) all independent variables; internal B) alternative explanations; internal C) alternative explanations; external D) all dependent variables; internal Fill in the blank with correct words.
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