One of the characteristics of forecasts is
A) aggregate forecasts are usually more 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 more accurate than short-term forecasts.
E) none of the above

Question

Quizplus · Accepted Answer

Aggregate forecasts are usually more accurate than disaggregate forecasts because they tend to average out individual variations and errors, leading to more stable and reliable predictions.

One of the Characteristics of Forecasts Is