Solved

Which One of the Following Statements About Forecasting Is FALSE

Question 12

Multiple Choice

Which one of the following statements about forecasting is FALSE?


A) The method for incorporating a trend in an exponentially smoothed forecast requires the estimation of three smoothing constants: one for the mean, one for the trend, and one for the error.
B) A tracking signal is a measure that indicates whether a method of forecasting has any built- in biases over a period of time.
C) The standard deviation and the mean absolute deviation measure the dispersion of forecast errors.
D) The cumulative sum of forecast errors (CFE) is useful in measuring the bias in a forecast.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents