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QUESTION 3 The cyclical component of the time-series data represents the pattern that repeats quarterly. True False QUESTION 4 Exponential smoothing is useful when there

QUESTION 3 The cyclical component of the time-series data represents the pattern that repeats quarterly. True False QUESTION 4 Exponential smoothing is useful when there are little record keeping of past data. True False QUESTION 5 As a rule of thumb, 12 MADs are suggested for a tracking signal. True False

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