QuizChapter15

QuizChapter15 - DianneEstrada 10/2/1010:28PM...

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Dianne Estrada  10/2/10 10:28 PM  Forecasting Quiz  Completed  35 out of 35 points   
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Question 1  1 out of 1 points All of the following are true about time series methods except  Answer  Correct Answer: Question 2  1 out of 1 points Gradual shifting of a time series to relatively higher or lower values over a long period of time is called  Answer  Correct Answer: Question 3  1 out of 1 points Seasonal patterns  Answer  Correct Answer:
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Question 4  1 out of 1 points The focus of smoothing methods is to smooth out  Answer  Correct Answer: Question 5  1 out of 1 points Forecast errors  Answer  Correct Answer: Question 6  1 out of 1 points To select a value for  α  for exponential smoothing  Answer  Correct Answer: Question 7 
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1 out of 1 points Linear trend is calculated as  T t  = 28.5 + .75 t . The trend projection for period 15 is  Answer  Correct Answer: Question 8  1 out of 1 points All of the following are true about qualitative forecasting methods except  Answer  Correct Answer: Question 9  1 out of 1 points The trend pattern is easy to identify by using  Answer  Correct Answer: Question 10  1 out of 1 points
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The forecasting method that is appropriate when the time series has no significant trend, cyclical, or  seasonal pattern is  Answer  Correct Answer: Question 11  1 out of 1 points If data for a time series analysis is collected on an annual basis only, which pattern does not need to 
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QuizChapter15 - DianneEstrada 10/2/1010:28PM...

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