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Commerce · Q539

Economics

Graduate and Post Graduate · Commerce · question 539

Q539

Which of the following is not true for forecasting?

A.
Forecasting is rarely perfect
B.
The underlying casual system will remain the same in the future
C.
Forecast for a group of items is accurate than an individual item
D.
Short-range forecasts are less accurate than long-range forecasts
Answer

Answer: Option D

Solution

Answer: Option D
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