MBA Business Statistics MCQs - Chapter 11

Time Series Analysis and Forecasting Quiz Questions & Answers PDF Download - 11

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Time Series Analysis and Forecasting Exam Questions and Answers PDF Download: Test 11

MCQ: 51

Graphical curve fitting method of the trend forecasting comprises of basic

Two steps
Three steps
Four steps
Five steps

MCQ: 52

The key concept associated with measuring forecast accuracy is known to be

Future value prediction
Actual Value
Forecast error
Residual forecast

MCQ: 53

A simple measure of forecast accuracy is named as

Mean of forecast errors
Mean sum of squares
Mean residual of forecast
Mean of forecast deviation

MCQ: 54

In the method of Holts linear exponential smoothing, forecasts are computed using

Two equations
Three equations
Four equations
Five equations

MCQ: 55

A graphical representation of the relationship between time and time series variable can be depicted by

Time series plot
Horizontal series plot
Vertical series plot
Stationary series plot

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