The forecasting technique must be chosen appropriately based on the scope and intention of the application. True False Question 2 Forecasting for master production scheduling requires highly aggregated estimates of demands. True False Question 3 Forecasts for long term growth or decrease of demand can be made with linear regression. True False Question 4 Linear regression is to find the line that minimizes the sum of the squares of the horizonal distance between each data point and the line. True False