Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Which of the following statements about the differences between a time series forecasting method and a qualitative forecasting method is incorrect: Group of answer choices

Which of the following statements about the differences between a time series forecasting method and a qualitative forecasting method is incorrect: Group of answer choices A basic assumption in time-series forecasting is that past is indicative of future Qualitative forecasting method can be used when historical data is not available Qualitative forecasting can use expert opinion, market surveys, focus groups etc. Time series forecasting models use explanatory variables

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Smith and Roberson Business Law

Authors: Richard A. Mann, Barry S. Roberts

15th Edition

978-0538473637

Students also viewed these General Management questions