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13. In a forecasting application for 20 time periods, there are 10 negative errors and 10 positive errors. This indicates the model is performing well.

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13. In a forecasting application for 20 time periods, there are 10 negative errors and 10 positive errors. This indicates the model is performing well. (2) c. True d. False 14. If our data contains seasonality but no trend, exponential smoothing is appropriate. (2) a. True b. False 15. Annual data can exhibit seasonality. (2) I a. True b. False 16. We can assess quarterly seasonality with one year of data. (2) a. True b. False

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