Which of the following is a major problem for forecasting, especi… - Vidyadip

MCQ

Which of the following is a major problem for forecasting, especially when using the method of least squares?

A
The past cannot be known
B
The future is not entirely certain
C
The future exactly follows the patterns of the past
✓
The future may not follow the patterns of the past

✓

Answer

Correct option: D.

The future may not follow the patterns of the past

The future may not follow the patterns of the past

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