Question: For a given product demand, the time - series trend equation is 5 3 - 4 x The negative sign on the slope of the

For a given product demand, the time-series trend equation is 53-4x The negative sign on the slope of the equation : is a mathematical impossibility . is an indication that the forecast is biased, with forecast values lower than actual values. is an indication that product demand is declining . implies that the cumulative error will be negative.

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