Multiple Choice
What are forecasts?
A) Statements about what will happen or might happen in the future such as future sales or employee turnover
B) Statistical processes 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
C) Predictions based on time-series information
D) Statistical processes for estimating the relationships among variables
Correct Answer:
Verified
Correct Answer:
Verified
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