Mathematics · Time Series Analysis
Which TWO of the following conditions are necessary if forecasts obtained from a time series analysis are to be reliable? 1. The trend must not be increasing or decreasing 2. The trend must continue as in the past 3. Extrapolation must not be used 4. The same pattern of seasonal variation must continue as in the past
- 13 and 4
- 22 and 4✓
- 31 and 4
- 41 and 3
Correct answer
2 and 4
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