MCQ
Time-series analysis is based on the assumption that
  • A
    Random error terms are normally distributed
  • B
    The variable to be forecast and other independent variable are correlated
  • Past patterns in the variable to be forecast will continue unchanged into the future
  • D
    he data do not exhibit a trend

Answer

Correct option: C.
Past patterns in the variable to be forecast will continue unchanged into the future
Past patterns in the variable to be forecast will continue unchanged into the future.

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