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Which of the following statements about time - series forecasting is true? A . It makes extensive use of the data collected in the qualitative
Which of the following statements about timeseries forecasting is true?
A It makes extensive use of the data collected in the qualitative approach.
B It is always based on the assumption that future demand will be the same as past demand.
C It is based on the assumption that the analysis of past demand helps predict future demand.
D Because it accounts for trends, cycles, and seasonal patterns, it is always more powerful than associative forecasting.
E All of the above are true.
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