Question: file attached with 5 multiple choice questions. 1. The statistical methods used in forecasting are: A.Formal forecasting B.Methods of prediction of the future C.Multiple Regression

 file attached with 5 multiple choice questions. 1. The statistical methods

file attached with 5 multiple choice questions.

used in forecasting are: A.Formal forecasting B.Methods of prediction of the future

1. The statistical methods used in forecasting are: A.Formal forecasting B.Methods of prediction of the future C.Multiple Regression Analysis, Nonlinear Regression, Decomposition Method, Moving Average Analysis, Weighted Moving Averages, and Exponential Smoothing. D.None of the above 2. Moving Average Forecasting forecasts future values based on a weighted average of past valueseasy to update. True False 3. Statistical Process Control SPC is: A.A way to calculate process variable B.A methodology for measuring and controlling quality during a monitored process C.A way to control labor and make sure they work with quality D.A way to create charts 4. A process is out of control if there is a run of six or more points that are all successively higher or successively lower than the center-line of a control chart. True False 5. How is process capability measured? A.By comparing control limits to specification limits B.By creating a ratio between specification limits and control limits relevant to six sigma C.By using the Cp formula D.All the above

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