Multiple Choice
All of the following are true about time series methods EXCEPT
A) they discover a pattern in historical data and project it into the future.
B) they involve the use of expert judgment to develop forecasts.
C) they assume that the pattern of the past will continue into the future.
D) their forecasts are based solely on past values of the variable or past forecast errors.
Correct Answer:
Verified
Correct Answer:
Verified
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