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Which of the following statements about time-series forecasting is TRUE? Select all that apply. - It only works with trend data patterns. - It applies
Which of the following statements about time-series forecasting is TRUE? Select all that apply.
- It only works with trend data patterns.
- It applies to strategic planning by predicting market growth rate.
- It is a predictive analytics method.
- It predicts the future outcome of the item of interest.
- It answers what should happen questions.
- It is a predictive analytics technique.
- It needs data on observations of an item of interest over time.
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