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    Business Statistics Study Set 4
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    Exam 16: Forecasting Techniques and Analysis for Time Series Data
  5. Question
    The Random Component Is Not Part of the Forecasting Equation
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The Random Component Is Not Part of the Forecasting Equation

Question 13

Question 13

True/False

The random component is not part of the forecasting equation for multiplicative decomposition because randomness, by definition, cannot be predicted.

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