Correlation measures the strength of relationship between the x and y variables and the closer it is to 1 or -1, the greater the proof that the level of x determines the level of y.
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Q30: A long-term wave in a demand pattern
Q31: The major types of forecasting methods are
Q32: Exponential smoothing forecasts are more sensitive or
Q33: A(n) _ forecast encompasses the immediate future,
Q34: _ relates demand to two or more
Q36: _ error is the sum of the
Q37: Unpredictable movements in demand that follow no
Q38: The coefficient of determination provides a measure
Q39: _ is a gradual, long-term, upward or
Q40: The closer the value of α is
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