The difference between the actual value of the time series and the forecasted value is called:

Related MCQs

• The rise and fall of a time series over periods longer than one year is called:
• Graph of time series is called
• The graph of time series is called:
• Most of the time series relating to economic and business phenomena conform to the
• Which of the following is not a component of time series?
• The long term trend of a time series graph appears to be:
• The second degree parabola is fitted to the time series when the variations are:
• The four components of a time series are not necessarily
• If the value of correlation coefficient between X and Y is ‘0’ then
• The product of the index number by another index number based on the same data with price and quantity interchanged should be equal to the ratio of aggregate value in the current to the aggregate value in the base year is