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Which of the following statements about time - series forecasting is TRUE? A ) We assume that future demand will be the same as past
Which of the following statements about timeseries forecasting is TRUE?
A We assume that future demand will be the same as past demand.
B We primarily use data collected using qualitative techniques.
C We assume analyzing past demand will help predict future demand.
D It is better than associative forecasting because it considers trends, cycles, and seasonal patterns.
E All of these are true.
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