Question: What is prediction? Multiple Choice A statement about what will happen or might happen in the future; for example, predicting future sales or employee turnover.

What is prediction?

Multiple Choice

A statement about what will happen or might happen in the future; for example, predicting future sales or employee turnover.

A statistical process that finds the way to make a design, system, or decision as effective as possible; for example, finding the values of controllable variables that determine maximal productivity or minimal waste.

Predictions based on time

-

series information.

A statistical process for estimating the relationships among variables.

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