What is prediction?
A. Forecasts based on time-series information.
B. A statistical process that finds the way to make a design, system, or decision as effective as possible, for example, finding the values of controllable variables that determine maximal productivity or minimal waste.
C. A statistical process for estimating the relationships among variables.
D. A statement about what will happen or might happen in the future such as future sales or employee turnover.
Answer: D
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