Question: Which would not generally be considered a feature common to all forecasts? Historical data is available on which to base the forecast. Actual results will
Which would not generally be considered a feature common to all forecasts?
Historical data is available on which to base the forecast.
Actual results will differ somewhat from predicted values.
Accuracy decreases as the time horizon increases.
An assumption of a stable underlying causal system.
Forecasts for groups of items tend to be more accurate than forecasts for individual items.
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