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Which TWO of the following statements are true for obtaining a reliable forecast from a...

Which TWO of the following statements are true for obtaining a reliable forecast from a time series?

A.

There must be an increasing trend.

B.

The past trend must continue in the future.

C.

The past pattern of seasonal variations must continue in the future.

D.

Extrapolation of the trend must be avoided.

E.

There must be a decreasing trend.

CIMA P1 Summary

  • Vendor: CIMA
  • Product: P1
  • Update on: Jul 29, 2025
  • Questions: 260
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