Multiple Choice
What would be the appropriate way to forecast sales for a firm that has stable year-to-year sales, but seasonally fluctuating month-to-month sales?
A) Forecasts would need to be adjusted for a trend, but would not need a regression to adjust for seasonality.
B) Forecasts would need to be adjusted for seasonality, but would not need a regression to adjust for a trend.
C) Ignore both the trend and the seasonality.
D) None of the options.
Correct Answer:

Verified
Correct Answer:
Verified
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