Stable patterns that persist for a short period of time make company forecasters confident that a credible job of forecasting can be done.

Question

Quizplus · Accepted Answer

Stable patterns that persist for a longer period of time, not a short period, make company forecasters more confident in their ability to make accurate forecasts. Short-term patterns may not provide enough data for reliable forecasting.

Stable Patterns That Persist for a Short Period of Time