Part A.

Which of the following is FALSE about time-series forecasting? Check all that apply:

It uses historical values of data on an item of interest.

It is a prescriptive analytics technique.

it uncovers natural groupings of objects.

It generates product demand forecasts for market basket analysis.

It answers what could happen questions.

It uses a line graph to visualize trends in data.

It discovers random errors in data.

Part B.

Which of the following is a data pattern in time-series data that can be uncovered by time-series forecasting? Check all that apply:

- Cycle

- Horizontal

- Vertical

- Random

- Level

- Trend