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Which of the following statements are true? Forecasts are rarely perfect. Statistical models to forecast economic trends are called econometric models. The last-value forecasting method
Which of the following statements are true?
Forecasts are rarely perfect. |
Statistical models to forecast economic trends are called econometric models. |
The last-value forecasting method does not require a linear trend line. |
The moving-average forecasting method assigns equal weights to each value in the average. |
All of the above |
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