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Which one of the following statements about forecasting is true? Less accurate forecasts are obtained for a group of items because the individual forecast errors
Which one of the following statements about forecasting is true?
Less accurate forecasts are obtained for a group of items because the individual forecast errors for each item tend to reinforce each other.
More accurate forecasts are obtaired for a group of items because the individual forecast errors for each item tend to cancel each other.
Less accurate forecasts are obtained for a group of items because only one forecast is being made instead of several.
More accurate forecasts are obtained for a group of items because only one forecast is being made instead of several.
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