Ability to provide correct causal explanations

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Reference no: EM131415501

1. A pPredictive model is judged by its ability to provide correct causal explanations.

True

False

2. Why should the first step in the forecasting process be goal definition?

3. How should the forecasting process begin?

4. What letter is the de facto standard used to represent the time period index?

5. Roll-forward forecasting is based on new data being refreshed as it becomes available.

True

False

6. Given the recent market share problems and competition facing M&S, what are the two highest risks with embarking on a voluntary program of social responsibility at this time? What are your top two recommendations for cultivating engagement with the program among employees and the local community?

Reference no: EM131415501

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