How many statements are correct about business forecasting?
(A) 0 (B) 1 (C) 2 (D) 3 (E) 4
Statement 1. Time series forecasting is the same as intrinsic forecasting and causal forecasting is the
same as extrinsic forecasting..
Statement 2. Stationarity is the overall nature of a time series.
Statement 3. A component is a cause of variability within a time series.
Statement 4. For a non-stationary time series with only a random component, techniques indicated
are moving average and exponential smoothing.