Question: EXERCISE 5 What important assumption is made about statistical ( quantitative ) forecasting methods? a . the past is a valid indicator of the future
EXERCISE
What important assumption is made about statistical quantitative forecasting methods?
a the past is a valid indicator of the future
b demand trend is seldom linear
c seasonal variations are small
d random variations are small
e all of the above
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
