Social Studies
Social Studies, 23.11.2019 05:31, GreenHerbz206

Which of the following is not a feature common to forecasting?
a) actual results usually differ from forecast values
b) forecast accuracy decreases as the time covered by the forecast increases
c) forecast of aggregate demand for group of similar items tend to be more accurate than forecast for individual items
d) forecast error can be eliminated by better forecast method
e) the common assumption in any forecast method is that causal system existed in the past will continue to exist in the future

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Answers: 2

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Which of the following is not a feature common to forecasting?
a) actual results usually dif...

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