Question: Time series data that is increasing over time at a constant rate: shows signs of being impacted by economic cycles is subject to seasonal variations

Time series data that is increasing over time at a constant rate: shows signs of being impacted by economic cycles is subject to seasonal variations will be hard to forecast using a trend line because of random variation is trending up 28 4 points Select ALL that apply. What are elements of a good forecast? it is accurate the cost is not important because a forecast is always necessary it is timely it can be complex and hard to use for decision making it is sometimes reliable

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