Long-term movement in time-series values is called

Assignment Help Operation Management

Reference no: EM131700085

1. Gradual, long-term movement in time-series values is called: trend. cyclical. seasonal. random. All of the above.

2. Two different forecasting methods are applied to the same data set. If the Mean absolute deviation is higher for the second method and the Mean square error is higher for the first method, what does this indicate?

The error measure for the first method is easier to interpret.

Both methods produce unacceptably high error rates.

The first method is less accurate than the second method.

The second method produces more extreme errors than the first method.

None of the above

Reference no: EM131700085

Questions Cloud

Upper and lower control limits : Determine upper and lower control limits that will include roughly 97 percent of the sample means when the process is in control.

Advantages did lockheed martin gain by using virtual teams : What advantages did Lockheed Martin gain by using virtual teams? Explain. Discuss the characteristics that virtual team members should possess.

True with regard to linear regression : Which of the following statements is true with regard to linear regression?

Eeoc also enforces the prohibition against harassment : In addition to discrimination, the EEOC also enforces the prohibition against harassment on basis of race, color, religion, sex, national origin,

Long-term movement in time-series values is called : Gradual, long-term movement in time-series values is called:

Competition exists and affects the organizations unequally : Not all networks share profits all around. In those that do not, competition exists and affects the organizations unequally.

Project management is being driven by : Project management is being driven by. Which of the following is an example of a seasonal pattern in data?

Entrepreneurship within an innovative environment : Comment on the role of Entrepreneurship within an innovative environment

How has the internet changed strategic management : Which of the following is not an example of a social force? How has the Internet changed strategic management?

User Account

All Pages