Question 1
4 out of 4 points
An example of a time series data set is one for which the:
Selected Answer:
Correct data would be collected for a given firm for several consecutive periods (e.g., months).
Correct Answer:
Correct data would be collected for a given firm for several consecutive periods (e.g., months).

Question 2
4 out of 4 points
Consumer expenditure plans is an example of a forecasting method. Which of the general categories best described this example?
Selected Answer:
Correct survey techniques and opinion polling
Correct Answer:
Correct survey techniques and opinion polling

Question 3
4 out of 4 points
If two alternative economic models are offered, other things equal, we would
Selected Answer:
Correct select the model that gave the most accurate forecasts Correct Answer:
Correct select the model that gave the most accurate forecasts Question 4
4 out of 4 points
The use of quarterly data to develop the forecasting model Yt = a +bYt−1 is an example of which forecasting technique?
Selected Answer:
Correct Time-series forecasting
Correct Answer:
Correct Time-series forecasting

Question 5
4 out of 4 points
Time-series forecasting models:
Selected Answer:
Correct are based solely on historical observations of the values of the variable being forecasted
Correct Answer:
Correct are based solely on historical observations of the values of the variable being forecasted

Question 6
4 out of 4 points
Smoothing techniques are a form of ____ techniques which assume that there is an underlying pattern to be found in the historical values of a variable that is being forecast.
Selected Answer:
Correct time-series forecasting
Correct Answer:
Correct time-series forecasting

Question 7
4 out of 4 points
An appreciation of the U.S. dollar has what impact on Harley-Davidson (HD), a