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Question 6 (5 points) [Question 6 Unsaved] Time series forecasting can include t

ID: 409493 • Letter: Q

Question

Question 6 (5 points)

[Question 6 Unsaved]

Time series forecasting can include trends, cycles, environmental, political and financial components.

Question 6 options:

True False

Save

Question 7 (5 points)

[Question 7 Unsaved]

Time series forecasts require previous data to generate forecasts, therefore assuming that the prior conditions will generally continue.

Question 7 options:

True False

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Question 8 (5 points)

[Question 8 Unsaved]

Associative models assume that the two variables have a causal relationship (A causes B).

Question 8 options:

True
False

Explanation / Answer

Question 6 (5 points)

Time series forecasting can include trends, cycles, environmental, political and financial components

True

Question 7 (5 points)

Time series forecasts require previous data to generate forecasts, therefore assuming that the prior conditions will generally continue.

True

Question 8 (5 points)

Associative models assume that the two variables have a causal relationship (A causes B).

True

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