MBA Business Statistics Certification MCQs – Practice Test 3 (Chapter 11)

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Time Series Analysis and Forecasting Quiz – Practice Test 3 PDF Download

MCQ 11: The most accurate method in the trend forecasting computation is considered to be:

Taking average of sections
Graphical curve fitting
Removing seasonality
Moving average

MCQ 12: Time series plot exhibiting a repeating pattern over a period due to seasonal influences is called a:

Seasonal pattern
Cyclical pattern
Trend pattern
Nonlinear pattern

MCQ 13: Trend variations can be of the form:

Increasing/decreasing trend
Horizontal trend
Seasonal trend
Both A and B

MCQ 14: A sequence of observations on a variable measured at successive points over period of time is known to be:

Trend series pattern
Successive series pattern
Time series pattern
Seasonal series pattern

MCQ 15: Holt's exponential smoothing is used to forecast a time series with:

Linear trend
Irregular trend
Horizontal trend
Seasonal trend

MBA Business Statistics Quiz App & e-Book – Time Series Analysis and Forecasting Certification Guide

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