Question: Random errors in forecastingoccur when an undetected secular trend is not included in a forecasting modelmust be eliminated in order to use the given modelcan

Random errors in forecastingoccur when an undetected secular trend is not included in a forecasting modelmust be eliminated in order to use the given modelcan be defined as those that cannot be explained by the forecast model being used present significant interpretation issues, which limits the uses of forecasting models result from the technology used and so can never be fully eliminated

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