One of the characteristics of forecasts is
A)aggregate forecasts are usually less accurate than disaggregate forecasts.
B)disaggregate forecasts are usually more accurate than aggregate forecasts.
C)short-term forecasts are usually less accurate than long-term forecasts.
D)long-term forecasts are usually less accurate than short-term forecasts.

Question

Quizplus · Accepted Answer

Long-term forecasts are usually less accurate than short-term forecasts because they involve more uncertainty and variability over time.

One of the Characteristics of Forecasts Is