False, Time Series methods base forecasts only on past variables and not on recent values.
Forecasting in time series is done when we make scientific predictions based on historical data. Time series involves building models through the analysis of historical data and using them to make observations that help in decision-making. The methods of time series refer to the different ways to measure the timed values.
There are four different components of the methods of time series. The first one is a secular trend which helps to describe the movement along the term. The second one is seasonal variations that help to show seasonal changes. The third one is cyclical fluctuations that correspond to periodical changes. the last component is irregular variations that happen at random.
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Answer:
Beirut, Lebanon
Explanation:
It happened in Beirut, Lebanon
Answer:
Explanation:
The Iceberg Principle states that we can not always see or detect most data that pertains to a specific situation. I believe that - to a marketing manager - this should mean that they can not always gather all the data or predict everything about a situation, instead they must use the data that they do have in order to make the most informed decision possible for achieving their goals.
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Betty must rely on what Sternberg calls<u> "practical" </u>intelligence.
Practical intelligence includes the capacity to manage every day undertakings in reality. You can call it "road smarts" that indicate how well a man identifies with the outer condition. It is additionally guided towards objectives which try to adjust to or change your general surroundings. Intelligent behavior includes adjusting to your condition, changing your condition, or choosing a superior situation.
Answer:
Efficacy versus effectiveness
Explanation:
Efficacy versus effectiveness are both the same term but are different to some extent. Both terms are used to describe and get the result of the research. But we can describe effectiveness and efficacy in the medical condition in a different context. Effectiveness in the medical condition is getting the result in the natural wold environment without any controlled condition. Whereas the efficacy is reverse from effectiveness as the efficacy is the result under the controlled condition. The efficacy described how the medicine is used in controlled or ideal conditions whereas the effectiveness described how the medicine works in an average clinical setting or the natural world environment.
