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    Exam 15: Time-Series Forecasting and Index Numbers
  5. Question
    When a Trucking Firm Uses the Number of Shipments for January
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When a Trucking Firm Uses the Number of Shipments for January

Question 24

Question 24

True/False

When a trucking firm uses the number of shipments for January of the previous year as the forecast for January next year, it is using a naïve forecasting model.

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